India

Delhi HC Requests ED Response on Daud Nasir’s Interim Bail Plea in Waqf Board Money Laundering Case

The Delhi High Court has requested a response from the Enforcement Directorate (ED) regarding the interim bail plea of Daud Nasir, an accused in the Delhi Waqf Board money laundering case. Nasir has sought interim bail on the grounds of his wife requiring surgery due to an accident.

Background of the Case

The case revolves around the purchase of a property in Okhla for Rs. 36 crore, with Rs. 27 crore allegedly paid in cash, suspected to be ill-gotten money.

Court Proceedings

Justice Swarana Kanta Sharma instructed the ED to file a response on the interim bail plea and scheduled the matter for May. Additionally, Nasir’s regular bail plea has been listed for May 16. The bench had previously directed the ED to submit a reply to the bail plea.

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Senior advocate Ramesh Gupta, representing Nasir, informed the court about his wife’s accident and the necessity of surgery scheduled for April 23.

Legal Representation

Special counsel Zoheb Hossain and Special Public Prosecutor (SPP) Manish Jain appeared through video conferencing on behalf of the ED. Hossain expressed the intention to file a reply.

Previous Court Proceedings

Nasir’s earlier bail application was rejected by the trial court on February 22, 2024. The trial court noted ED’s allegations against Nasir regarding property transactions in Tikona Park, Jamia Nagar, Delhi, and discrepancies in sale considerations.

Observations by the Court

The court acknowledged the ED’s argument regarding the inability of the accused to explain the difference in sale considerations and the source of funds for property transactions. It also noted pending investigations in FIR no. 05/2020, PS ACB, and the charge sheet filed by the ED in the matter.

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The Delhi High Court’s directive for the ED’s response signifies the ongoing legal proceedings in the Delhi Waqf Board money laundering case, emphasizing the importance of addressing the bail plea and ensuring due process in the case.

Naiteek Bhatt

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