Tarun Karthick

Sri Vijaya Puram, 08 November 2025

The Chief Judicial Magistrate (CJM) Court, Sri Vijaya Puram, on November 6, granted bail to former Member of Parliament Mr. Kuldeep Rai Sharma in connection with the Andaman and Nicobar State Cooperative Bank Limited (ANSCBL) loan irregularities case registered at the Police Station Crime and Economic Offences (PS C&EO). However, despite securing bail in this case, Mr. Sharma will continue to remain in judicial custody in connection with a separate case filed by the Directorate of Enforcement (ED) under the Prevention of Money Laundering Act (PMLA), 2002.

Mr. Sharma, the former Vice Chairperson of ANSCB Ltd., was arrested on July 18, 2025, from Dr. Ritika’s Diagnostic Solutions Multi-Speciality Hospital in Garacharma, Sri Vijaya Puram, w

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