The Delhi High Court on Tuesday granted bail to businessman Yogesh Mittal, who was in custody of Enforcement Directorate (ED), since June 2017 in connection with a post-demonetisation money laundering case. Earlier, the Delhi HC had ordered the release of Mittal from the case. He allegedly converted demonetised notes into valid currency and was arrested by the ED on June 6 last year and is a close associate of advocate Rohit Tandon. Lodha was held in Mumbai by the ED after they recovered a huge cache of new currency notes of Rs 500 and Rs 2,000 from a Delhi law firm, which belonged to Tandon and a Chennai based-businessman Sekhar Reddy. Tandon was arrested last year in December after the Crime Branch and the Delhi Police carried out raids at the office of his firm, T&T Law and seized nearly Rs.

Source: dna January 16, 2018 09:33 UTC