Observing that the Enforcement Directorate was a “vengeful” complainant, a special court at Mumbai discharged two developers accused in the Yes Bank Money laundering case based on a clean chit in the predicate offence. Special Judge MG Deshpande relied on Supreme Court’s recent judgement in Vijay Mandal Chaudhary & Ors. vs Union of India, which has held that a case under PMLA.
