A relief news has come out for actor and businessman Sachin Joshi regarding money laundering case. A special court in Mumbai acquitted Sachin in a money laundering case registered by the Enforcement Directorate in relation to Omkar Realtors & Developers. Special Judge MG Deshpande, designated to hear cases under the Prevention of Money Laundering Act, acquitted Joshi from the case.
Please tell that Sachin Joshi was arrested in February 2021 and later the Supreme Court granted him interim bail on medical grounds. In March 2022, the special court granted bail to Joshi on merits, observing that no prima facie case of money laundering was made out against him. Joshi’s counsel Aabad Ponda and Parinam Law Associates’ counsel Subhash Jadhav had contended that there was no evidence of alleged money laundering as claimed by the ED.