Nawab Malik sent to ED custody till March 3 in money laundering case


Table of Contents

A special court here on Wednesday remanded Maharashtra Minority Affairs Minister Nawab Malik to the custody of (ED) till March 3 in a money laundering probe linked to the activities of fugitive gangster Dawood Ibrahim and his aides.

Malik was arrested earlier in the day after being questioned for about five hours at the ED office in south Mumbai’s Ballard Estate area since around 8 am.

The 62-year-old NCP leader was produced before special Judge RN Rokade, who remanded him to ED custody till March 3 for further probe into the matter. The cabinet minister’s statement was recorded under the Prevention of Money Laundering Act (PMLA) and he was arrested under the same provisions as he was evasive in his replies, ED officials said.

The ED case is based on an FIR filed recently by the Investigation Agency (NIA) against Ibrahim, a fugitive gangster, and others. The NIA had filed its criminal complaint under sections of the Unlawful Activities Prevention Act (UAPA).

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor


Source link