Mumbai Court rejects former minister Nawab Malik’s bail plea

Mumbai: A special court under Prevention of Money Laundering Act (PMLA) on Wednesday rejected the bail application of NCP leader Nawab Malik in a money laundering case.
The case concerns a Kurla plot, in which he was arrested in February this year.
Making oral observations while dismissing the plea that the court said that Malik had been in continued possession of the tainted property.
In his order Special Judge RN Rokade observed that the statement of Munira Plumber (the co-owner of the land) recorded by the ED under PMLA cannot be brushed aside.
Malik’s advocate had argued that he was a bonafide purchaser of value and had denied allegations of any offence.
Judge Rokade said the court cannot accept this argument and that there is no material to show he enquired with the owner about the property.
The court also said there is evidence of conspiracy of meeting between Malik and Haseena Parkar.
As per the ED’s case, Malik had been involved in money laundering and funded the terror network of underworld don Dawood Ibrahim by usurping the Kurla land of one Munira Plumber. (UNI)