One day after the Supreme Court refused bail to Sharjeel Imam, a different bench of the apex court on Tuesday granted bail to former Amtek Group chairman Arvind Dham in a money laundering case linked to an alleged Rs 33,000 crore bank fraud.
A bench of Justices Sanjay Kumar and Alok Aradhe said prolonged incarceration of an undertrial, without commencement or reasonable progress of trial, cannot be allowed as it effectively turns pre-trial detention into punishment. The bench noted that Dham had spent nearly 17 months in jail in an offence that carries a maximum sentence of seven years.
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