CBI gives clean chit to Upendra Rai by filling a reply dated 18 March, 2019 in RC 217 2018 A 003 to special court CBI. CBI strongly takes stand in court that they did not find any wrongful pecuniary gain in terms of money by Upendra Rai. So the question of money laundering does not arise. Also Hon’ble Delhi High Court while granting bail to Upendra Rai in ED case gave the observation that every single transaction made by Upendra Rai has been done with all due diligence and there was no breach of tax compliance as every single rupee was declared in his ITRs. Therefore it is pertinent to say no suspicious transaction ever took place.
Reference below attachments:
