M Sivasankar Denied Bail in Gold Smuggling Case

Yesterday, the Magistrate Court handling Economic Offences at Ernakulam denied bail to the former Kerala Principal Secretary to the Kerala Chief Minister, M Sivasankar. 

M Sivasankar is under ED’s custody, under the charges of Money-laundering in a gold smuggling case.

He was taken into custody by the Customs officials for his alleged role in gold smuggling through diplomatic channels. 

Presently M Sivasankar is under  Enforcement Directorate's custody for alleged violation of the provisions of Prevention of Money-Laundering Act for the gold smuggling case and supposed kickbacks from the LIFE Mission project. 

He has been in the ED’s custody since 28th of October and his bail application is still pending for orders before the High Court of Kerala.  

His earlier bail application was strongly opposed by the customs department as well as the ED. 

His role in the present case came under the scanner on account of his relations with the accused like PR Sarith and Swapna Suresh in the gold smuggling case.