India News | SC Rejects Bail Plea of Maharashtra Minister Nawab Malik in Money Laundering Case
Get latest articles and stories on India at LatestLY. The Supreme Court on Friday refused to grant bail to Maharashtra cabinet minister and NCP leader Nawab Malik in a case of money laundering, saying the probe is at a nascent stage.
New Delhi, Apr 22 (PTI) The Supreme Court on Friday refused to grant bail to Maharashtra cabinet minister and NCP leader Nawab Malik in a case of money laundering, saying the probe is at a nascent stage.
A bench of Justices DY Chandrachud and Surya Kant said that it will not interfere with the Bombay High Court order of March 15 but Malik can avail the remedy available under the law before the trial court.
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Senior advocate Kapil Sibal, appearing for Malik, said they have arrested me in 2022 for something that happened in 1999.
He said there is no case under the Prevention of Money Laundering Act (PMLA) as there is no predicate offence.
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The bench said the investigation is at a very nascent stage and it will not interfere with the high court order.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)