Delhi HC seeks ED's response on Daud Nasir's interim bail plea in Waqf Board money laundering case

PoliCharcha | Updated: April 16, 2024, 12:03 PM

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Delhi HC seeks ED's response on Daud Nasir's interim bail plea in Waqf Board money laundering case

The Delhi High Court has recently requested a response from the Enforcement Directorate (ED) regarding the interim bail application of Daud Nasir, who is an accused in the Delhi Waqf Board money laundering case. Nasir's plea for interim bail is based on the need for his wife's surgery following an accident.

The case revolves around the acquisition of a property in Okhla worth Rs. 36 crore, with Rs. 27 crore allegedly paid in cash, suspected to be unlawfully obtained funds.

During the hearing, Justice Swarana Kanta Sharma instructed the ED to submit a reply to the interim bail plea and scheduled the matter for further discussion in May. Additionally, Nasir's regular bail plea is set for consideration on May 16.

Senior advocate Ramesh Gupta, representing Nasir, highlighted that the petitioner's wife sustained a spinal injury due to an accident and requires surgery, planned for April 23.

Present during the hearing via video conferencing, Special counsel Zoheb Hossain and Special Public Prosecutor (SPP) Manish Jain expressed their intent to respond to the plea.

Nasir stands accused in the Delhi Waqf Board Money Laundering case, with his previous bail application dismissed by the trial court on February 22, 2024.

The trial court's decision noted that the ED alleges Nasir confessed, under section 50 of the Act, to acquiring properties in Tikona Park, Jamia Nagar, Delhi, for Rs. 13.40 crore. When confronted with transactions from a white diary, Nasir reportedly provided evasive responses. Moreover, he admitted to signatures on a Certificate extracted from the mobile phone of accused Zeeshan Haider, relating to a property sale agreement for Rs. 36 crore.

The court highlighted the lack of explanation regarding the disparity between the sale considerations mentioned in agreements, the source of funds for property payments made by accused parties, and substantial cash transactions related to the properties.

It was further noted that while investigations into the predicate offenses are ongoing, ED has already filed a charge sheet in the matter, indicating a complex legal situation surrounding the case.

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