New Delhi, Feb 7 (IANS): A Delhi Court on Friday allowed NRI businessman CC Thampi, who was earlier arrested in a money laundering case but later bailed out, to travel for a week to the United Arab Emirates.

Special CBI Judge Arvind Kumar allowed Thampi's application in this regard and directed him to furnish fixed deposit receipt for Rs 25 lakh. Thampi had sought permission to travel abroad for two weeks.

Thampi who was arrested in January 2020 by the Enforcement Directorate in connection with a money laundering case allegedly involving businessman Robert Vadra after it was found that arms dealer Sanjay Bhandari along with co-conspirators -- Vadra and Thampi -- had evolved the money laundering scheme by transferring the proceeds of crime several times from one individual to another so as to make the money trail's investigation difficult.

A special CBI court in Delhi had bailed out the NRI businessman on January 29, directing him to furnish personal bond of Rs 5 lakh and two sureties of the like amount.