Bangladeshi businessman Prashanta Kumar Halder, known as PK Halder, was freed from Presidency Jail after securing bail from a special Kolkata court in a money laundering case.

On December 20, the court also granted bail to his associates, Swapan and Uttam Mistry, requiring a bond of Rs 5 lakh each, while Halder submitted a Rs 1 million bond.

The court also imposed conditions, including mandatory court appearances during the trial and a prohibition on leaving the state or country.

On November 27, Halder’s brother Pranesh Halder, Amina Sultana alias Sharmi Halder, and Imon Hossain were also granted bail.

PK Halder and five others were arrested on May 14, 2022, from Vedic Village in North 24 Parganas, West Bengal, by India’s Enforcement Directorate (ED) under the Prevention of Money Laundering Act-2002 for alleged illegal money laundering and corruption.

Following their arrests, Halder and his five male associates were detained at Kolkata’s Presidency Jail, while female associate Amina Sultana was held at Alipore Correctional Home.

BDST: 1432 HRS, DEC 25, 2023
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