ED files reply, opposes interim bail of Al Falah trust chairman in money laundering case
New Delhi, June 24 -- The Enforcement Directorate on Wednesday strongly objected to the interim bail plea of Al-Falah Trust chairman Jawad Ahmad Siddiqui in the Rs 493-crore money laundering case, saying the accused may dissipate or conceal the proceeds of crime allegedly acquired through criminal activities.
The next hearing in the matter is scheduled for July 8. Al-Falah chairman Siddiqui had sought six weeks of interim bail for his wife's cancer treatment.
On June 17, the Delhi High Court sought a status report from the ED on Siddiqui's interim bail plea. Siddiqui had approached the HC after his plea was dismissed by the trial court.
The ED stated in its reply on Wednesday stated that the accused was the principal architect and bene...
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