Overview

• A Delhi trial court postponed a decision on Michel’s bid for release under Section 436A of the CrPC after the CBI and ED argued that his time-served claim was premature.
• The CBI told Special Judge Sanjay Jindal that release cannot follow until Michel pleads guilty to framed corruption charges in the AgustaWestland case.
• The ED filed that Michel’s seven-year incarceration entitlement under the Prevention of Money Laundering Act has not yet matured since his December 2018 arrest.
• Supreme Court and Delhi High Court bail orders remain unfulfilled as Michel has not furnished surety bonds or renewed his passport to secure release.
• Prosecutors allege Michel facilitated €30 million in kickbacks in the €556 million helicopter deal, resulting in an estimated €398 million loss to India’s exchequer.