Lava mobile MD gets bail

The Delhi High Court on Wednesday granted bail to Hari Om Rai, the MD of Lava International mobile company, in a money laundering case involving smartphone-maker Vivo. Justice Manoj Kumar Ohri granted relief to the Lava official, who was in custody since his arrest by the Enforcement Directorate (ED) in October last year.

The HC considered the period of custody as well as the fact that all the other accused persons had been granted bail and the trial was at a “nascent stage”, and directed that Rai be released on regular bail on a personal bond of Rs one lakh with one surety of the like amount.