NCP leader in jail in 1999 money laundering case involving underworld don Dawood Ibrahim
NCP leader in jail in 1999 money laundering case involving underworld don Dawood Ibrahim
Bombay High Court on Tuesday refused interim release Maharashtra cabinet minister Nawab Malik She was linked to underworld don Dawood Ibrahim in the 1999 money laundering case.
editorial | Active Agent: On the arrest of Nawab Malik
A division bench of Justice PB Varale and Justice SM Modak observed, “Since some debatable issues are raised, they need to be heard in detail. Keeping in view the grounds submitted by us, we are not inclined to allow the interim application. The applications were rejected.”
The court had reserved the order after hearing the arguments on March 11. habeas corpus The petition was filed by Mr. Malik for four consecutive days.
The matter came to light when Munira Plumber, owner of a prominent ancestral property in suburban Mumbai, alleged that her property worth Rs 300 crore was sold through Dawood’s sister Haseen Parker to Mr Malik for Rs 5 lakh.
The five-time member of the Legislative Assembly was arrested on February 24 Enforcement Directorate inquiries (ED) for seven hours, claiming Mr. Malik’s “active involvement in the financing of terrorism”.
The leader of the Nationalist Congress Party has been lodged in Arthur Road Jail since March 7 for a 1999 case. The ED has argued that Mr Malik’s behavior in the case is sensitive, involving proceeds of crime from the organized sector which has international ramifications.
Senior advocate Amit Desai, appearing for the Minister of Minority Affairs and Skill Development, submitted that the transactions relied upon by the central agency are of 1999, 2003 and 2005. He asked how Mr Malik could be charged under the Prevention of Money Laundering Act when it was notified in 2005.