In yet another setback, former Tamilnadu Chief Minister Jayalalitha’s bail plea in connection with the disproportionate assets case is rejected by Karnataka High Court today. “Bail is Out of Stock” says Karnataka High Court Judge. It is already known that Jaya was convicted to four years in prison by a session’s court in related to the 1995 case along with a fine of 100 crores.
Hyperactive media houses have reported earlier in the day that Karnataka HC has granted bail to Jayalalitha, triggering celebration of sorts all over Tamilnadu. But later it is found to be dumb error of media as HC in fact rejected the bail petition of Jayalalitha and others in the case. Hearing bench has agreed with arguments that Jayalalitha being an influential person in Tamilnadu could try to escape from conviction or abscond from the country.
Earlier Jaya has sought bail challenging that the charges of amassing wealth against her were false and that she had acquired property through legal means. Famous lawyer Ram Jetmalani (who argued for YS Jagan in similar DA case) has represented Jaya in Karnataka HC.