Sachiin Joshi discharged in ED money laundering case

“It has been a 19-month battle and today is a big day for me. I am grateful to God that truth has prevailed,” said an emotional actor-entrepreneur Sachiin Joshi on being declared innocent and being discharged by the Honourable Court. “I always had full faith in our legal system and the judiciary, and this only further strengthens that belief.” The Enforcement Directorate (ED) had alleged Joshi of receiving funds that were part of the proceeds of crime linked to the Omkar Group. Sachiin Joshi was discharged off all charges by the court today.

Aabad Ponda and Subhash Jadhav i/b Parinam Law the Team of lawyers representing Joshi said, “The Honourable Court has discharged Sachiin Joshi as there is no predicate offence, and the principal offenders have been discharged from the case. Applying the law laid down by the Supreme Court in the Vijay Madanlal Choudhary vs Union of India case on 27 July 2022, Sachiin Joshi is discharged from the case.”

This discharge comes following Sachin Joshi citing the Look Out Circular for urgent hearing of discharge plea in parity with Omkar Group promoters Babulal Varma and Kamal Kishore Gupta, who had been discharged from the money laundering case. The case was disturbing to Joshi, who thought out in bail, had a pending Look Out Circular against Sachiin Joshi, putting travel restrictions on him due to the case. Sachiin Joshi sought parity and discharge.