HC rejects Teesta's plea for defreezing bank accounts

October 07, 2015 16:56

The Gujarat high court today rejected the pleas of social activist Teesta Setalvad and her husband Javed Anand for defreezing their personal bank accounts and those of their two NGOs in an alleged embezzlement case.

Upholding the verdict of a lower court in this regard, the high court observed that the probe is at a serious point in the alleged case of Gulberg society fund embezzlement.

"What is important is not the money but the alleged criminal act related to the money.

In this case execution of bond is not a justifiable solution when the investigation is at a serious point," Justice G R Udhvani of the Gujarat High Court said in the order.

"This court records its inability to find any substance in the application (of Setalvad and others) and therefore the decision of a lower court is just and proper and requires no interference (by the high court). Hence, the petitions are dismissed," the HC said.

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