Special court extends ED custody of former BPSL chairman Sanjay Singal by 7 days
New Delhi: A special court on Friday extended the Enforcement Directorate (ED) custody of Sanjay Singal, former chairman and managing director (CMD) of Bhushan Power and Steel Limited (BPSL), by seven days in connection with its probe in a multi-crore money laundering case linked to an alleged bank loan fraud.
ED had moved an application for extension of police custody by seven days.
Special Public Prosecutor Nitesh Rana appearing for ED submitted that the accused needs to be confronted with further documents and to trace trail of money for probable diversion by unearthing routing of the proceeds of crime.
