The stage is set for Nawab Malik's trial

by Web Desk | Published: 21 May 2022

BMC Elections 2022
The chargesheet submitted against State Cabinet Minister Nawab Malik in a money laundering case involving underworld don Dawood Ibrahim and land in Kurla was taken cognisance by a special court under the Prevention of Money Laundering Act (PMLA) on Friday, clearing the way for the minister's trial.
 
Following the filing of a chargesheet by the investigative agency, the court must take cognizance of the offence before proceeding with the trial. While taking cognizance of the chargesheet, special judge RN Rokade began the process (criminal proceedings) against the minister. On July 8, Malik will appear in front of the special court. The Enforcement Directorate (ED) filed a 5,000-page chargesheet in a money laundering case against Malik on April 21. Malik, who was apprehended by the ED on February 23, allegedly sponsored the gangster's terror network through his late sister Haseena Parkar.
 
According to the ED, Malik paid merely Rs 55 lakhs for a three-acre prime property in Kurla belonging to one Munira Plumber, which was worth Rs 300 crores. Salim Patel, Munira's power of attorney, facilitated the transaction. According to the agency, Plumber allegedly offered Patel the responsibility of eliminating encroachments on her land without knowing about his ties to Parker. Patel was Parkar's driver and a close friend.
 
The land was allegedly stolen by a company called M/s. Solidus Investments Pvt. Ltd, which is controlled by Malik and owned by his family. According to the ED, the property taken by Malik with the help of D-gang members is considered the "proceeds of crime" under the PMLA. Malik sponsored Dawood Ibrahim's terror network through his sister Haseena Parkar in exchange for the land. According to the ED, acquiring proceeds of crime derived from extortion or other unlawful activity qualifies him for money laundering.
 
 
Image Courtesy: Twitter @OfficeofNM