Arguments conclude on Raut’s bail plea in money laundering case

Arguments concluded on Friday on Shiv Sena MP Sanjay Raut’s bail plea before a special court here in a money laundering case pertaining to the Patra Chawl redevelopment project.However, the Enforcement Directorate (ED), which is probing the case, sought time to file a written submission.Special judge M G Deshpande adjourned the matter till November 2 and extended the judicial custody of the accused until then.The Rajya Sabha member was arrested in July for his alleged role in the financial irregularities pertaining to the redevelopment of Patra Chawl in Goregaon area of north Mumbai.Last month, the Sena leader had sought bail from the special Prevention of Money Laundering Act (PMLA) court.Opposing the bail plea, Additional Solicitor General Anil Singh had submitted that the Sena leader and his aide Pravin Raut, a co-accused in the case, might have received more proceeds of the crime. The probe agency has told the court that as of now, Sanjay Raut received Rs 3.27 crore of the total proceeds of the crime.