📷 Image: Wikimedia Commons / Bollywood Hungama
Crime
Court Rejects Ajay Sehgal's Bail in Suntech City Money‑Laundering Probe
✍️ Amar Ujala · Mohali
🗓 19 Aug 2026, 02:37 AM
👁 1
A Mohali court denied bail to Ajay Sehgal, who is charged in the Suntech City money‑laundering investigation.
The trial court in Mohali dismissed the bail application filed by Ajay Sehgal, who is currently facing charges in the Suntech City money‑laundering case. The magistrate ruled that the grounds presented by the defence were insufficient to merit release, and ordered that Sehgal remain in judicial custody pending further proceedings.
The investigation, launched by law‑enforcement agencies, alleges that a network of individuals laundered proceeds through the Suntech City project, a real‑estate development in Punjab. While the probe is ongoing, the court's decision underscores the seriousness with which the judiciary is treating the alleged financial crimes.
Sehgal's legal team has indicated that they will consider filing an appeal against the decision. No further details about the case or additional charges were disclosed at the hearing.
The investigation, launched by law‑enforcement agencies, alleges that a network of individuals laundered proceeds through the Suntech City project, a real‑estate development in Punjab. While the probe is ongoing, the court's decision underscores the seriousness with which the judiciary is treating the alleged financial crimes.
Sehgal's legal team has indicated that they will consider filing an appeal against the decision. No further details about the case or additional charges were disclosed at the hearing.