Controversial meat exporter Moin Qureshi was on Tuesday granted bail by a Delhi court in a money laundering case.
Special Judge Arun Bharadwaj, who had reserved the order on Mr. Qureshi’s application on December 4, gave him the relief on a personal bond of ₹2 lakh and a surety of a like amount.
The Enforcement Directorate (ED) earlier this month opposed the bail plea of Mr. Qureshi, saying he could hamper the ongoing investigation, after which the court had reserved its verdict.
Enforcement Directorate special counsel N.K. Matta had alleged that Mr. Qureshi, arrested on August 25, should not be granted the relief as the allegations levelled against him were grave and there were chances that he may flee from justice if enlarged on bail.
In his bail application, the accused had told the court that no purpose would be served by keeping him in further custody. He had said that the probe in the case was over and he was not required further by the ED.
The ED had earlier claimed in the court that “the witnesses have confirmed in their statements that they have delivered crores of rupees for Qureshi and his associates through his employees....”
The agency had also alleged that Mr. Qureshi was involved in hawala transactions through Delhi-based hawala operators Parvez Ali of Turkman Gate and M/s South Delhi Money Changer (DAMINI) in Greater Kailash-1.
According to the agency, Mr. Qureshi was arrested under the provisions of the Prevention of Money Laundering Act (PMLA) as he was “not cooperating in the probe.”
