Punjab Vigilance Bureau filed a 40,000-page chargesheet against Akali Dal leader Bikram Singh Majithia in a disproportionate assets and drug money laundering case, exposing Rs 700 crore illegal wealth. His bail plea has been rejected and judicial custody extended.
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MOHALI: The Punjab Vigilance Bureau has filed a massive 40,000-page chargesheet against Shiromani Akali Dal leader Bikram Singh Majithia in a disproportionate assets and drug money laundering case.
The chargesheet was submitted to a Mohali court just 59 days after his arrest.
The investigation claims that Majithia is linked with illegal assets worth more than Rs 700 crore. The chargesheet includes statements from over 200 witnesses and details about 400 bank accounts spread across Punjab, Haryana, Himachal Pradesh, Uttar Pradesh, and Delhi.
It also records statements of several senior leaders from both Akali Dal and the BJP.
Majithia was arrested on June 25 from his official residence in Amritsar. Since then, he has been in judicial custody at New Nabha Jail near Patiala. His bail plea was recently rejected by the Mohali court after 10 days of daily hearings.
The court agreed with the prosecution that bail could not be granted because the investigation is still active and the allegations are very serious.
His judicial custody has been extended multiple times and is now set till August 28.
According to the Vigilance Bureau and a Special Investigation Team, Majithia allegedly laundered more than Rs 540 crore of drug money.
Investigators say Rs 161 crore in unaccounted cash was deposited in company accounts linked to him, Rs 141 crore was routed through foreign entities, and another Rs 236 crore was deposited without proper disclosure in company financial statements.
Authorities also allege that Majithia acquired several movable and immovable assets without any legal source of income. A case has been registered under Sections 25, 27-A, and 29 of the NDPS Act based on this evidence.
Majithia’s lawyers have rejected all allegations and said the case is politically motivated. His defence claims that he had resigned from Saraya Industries before joining politics and that many of the financial transactions mentioned by the Vigilance Bureau are already reflected in income tax records.
His legal team further argues that the present FIR overlaps with the earlier NDPS case of 2021, where the same funds were described as drug money.
They claim that showing the same money as disproportionate assets now amounts to filing a second FIR on identical charges.
CASE TITLE:
Bikram Singh Majithia vs State of Punjab
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