KOCHI: Kodakara black money case is one with numerous mysterious aspects, the Kerala High Court said on Thursday while dismissing bail pleas of five of the accused.
Justice K Haripal said in the judgment (B.A. No. 4030/2021 and connected cases) that numerous circumstances in the case points to a premeditated act.
The court said in the judgment, “It seems that there are numerous mysterious aspects in the case. Even though such an incident had happened on 03.04.2021, the police was alerted and a crime was caused to be registered only on 07.04.2021. The defacto complainant had stated to the police that Rs.25 lakhs was looted by the culprits. But during the course of investigation, it came out that Rs.3.5 crores was being carried in the vehicle and the entire money was looted. There are
numerous circumstances to think that it was a premeditated act, the accused had moved after hatching a conspiracy.”
Declining the bail pleas, the court said many aspects of the crime remains to be unraveled, including the source of the money and the purpose for which it was carried. Some of the accused are still at large and a large number of witnesses remain to be examined. Moreover, a major chunk of the amount and the vehicles and mobile phones used by the culprits have not been retrieved, the judgment said.
