Kolkata, Dec 20 (V7N) — A Kolkata court has granted bail to prominent businessman Prashant Kumar (P.K. Halder), accused of laundering substantial amounts of money from Bangladesh. The Bankshall Court issued the bail order on Friday, allowing six individuals, including PK Halder, to secure their release.

As per the court's conditions, each of the accused must deposit Rs 10 lakh as bail money. They are also required to appear in court throughout the proceedings and are prohibited from leaving the state or the country during this period.

Previously, on November 27, the court granted bail to PK Halder's brother Pranesh Halder, Amina Sultana alias Sharmi Halder, and Emon Hossain in connection with the same case.

PK Halder was arrested by the Enforcement Directorate (ED) of India in May 2022 from North 24 Parganas, West Bengal, on charges of money laundering. The case, which has drawn significant attention, involves allegations of laundering vast sums of money siphoned off from financial institutions in Bangladesh.

The court's decision has sparked discussions, as the accused are still required to face trial under strict conditions to ensure their compliance with legal proceedings.

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