<p class="title">The Delhi High Court is likely to pronounce on Wednesday its order on the bail plea of Karnataka Congress leader D K Shivakumar in a money laundering case.</p>.<p class="bodytext">Justice Suresh Kait had reserved the order on October 17 on the leader's bail plea in which he claimed that the case was a result of political rivalry and there was not enough evidence against him.</p>.<p class="bodytext">Shivakumar, 57, was arrested by the ED on September 3 in the money laundering case. He is lodged in Tihar jail under judicial custody. He has challenged the trial court's order denying him bail in the case.</p>.<p class="bodytext">The Enforcement Directorate (ED) had opposed his bail plea saying he was an influential person and, if released, he could tamper with evidence and influence witnesses.</p>.<p class="bodytext">Shivakumar, a seven-time MLA in Karnataka, was booked along with Haumanthaiah -- an employee at Karnataka Bhavan in New Delhi-- and others for alleged offences under the Prevention of Money Laundering Act (PMLA).</p>.<p class="bodytext">The case was based on a charge sheet filed by the Income Tax Department against them last year before a special court in Bengaluru on charges of alleged tax evasion and 'hawala' transactions worth crores or rupees.</p>.<p class="bodytext">The I-T department has accused Shivakumar and his alleged associate S K Sharma of indulging in transactions involving huge amounts of unaccounted money on a regular basis through 'hawala' channels with the help of three other accused. PTI SKV RT</p>
<p class="title">The Delhi High Court is likely to pronounce on Wednesday its order on the bail plea of Karnataka Congress leader D K Shivakumar in a money laundering case.</p>.<p class="bodytext">Justice Suresh Kait had reserved the order on October 17 on the leader's bail plea in which he claimed that the case was a result of political rivalry and there was not enough evidence against him.</p>.<p class="bodytext">Shivakumar, 57, was arrested by the ED on September 3 in the money laundering case. He is lodged in Tihar jail under judicial custody. He has challenged the trial court's order denying him bail in the case.</p>.<p class="bodytext">The Enforcement Directorate (ED) had opposed his bail plea saying he was an influential person and, if released, he could tamper with evidence and influence witnesses.</p>.<p class="bodytext">Shivakumar, a seven-time MLA in Karnataka, was booked along with Haumanthaiah -- an employee at Karnataka Bhavan in New Delhi-- and others for alleged offences under the Prevention of Money Laundering Act (PMLA).</p>.<p class="bodytext">The case was based on a charge sheet filed by the Income Tax Department against them last year before a special court in Bengaluru on charges of alleged tax evasion and 'hawala' transactions worth crores or rupees.</p>.<p class="bodytext">The I-T department has accused Shivakumar and his alleged associate S K Sharma of indulging in transactions involving huge amounts of unaccounted money on a regular basis through 'hawala' channels with the help of three other accused. PTI SKV RT</p>