[PMLA] Liberty Is Intrinsic To Rule Of Law, Court Cannot Be Restrained From Granting Bail On Account Of Restrictive Statute: Calcutta HC

The Calcutta High Court granted bail to an individual accused under the Prevention of Money Laundering Act (PMLA) for allegedly running fake call centers that duped overseas victims. The petitioner argued that he had been in custody for an extended period and that his involvement in the crime was not substantiated. The court considered the merits of the case and decided that the petitioner was entitled to bail, emphasizing that mere involvement in economic offenses did not automatically warrant denial of bail. The decision highlights the balancing of rights of the accused with the need for effective investigation in cases of financial crimes.