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CET scam: Court reserves orders on Peer's bail in money laundering case
5/28/2016 11:42:29 PM
Early Times Report

Srinagar, May 28: A local court in Srinagar today reserved orders on bail application filed by Mushtaq Ahmad Peer, the former chairman of the J&K Board of Professional Entrance Examination (J&KBOPEE), in connection with case filed against him by enforcement directorate under Prevention of Money Laundering Act.
Principal District and Sessions Jude Srinagar, Rashid Ali Dar, reserved orders on the bail plea after hearing arguments from Peer's counsel as well as special public persecutor for the Enforcement Directorate.
Mushtaq Peer was released after two and half years on Wednesday, a day after the state High Court granted bail in connection with a case FIR 24/2013 Under Section 420, 120B RPC, 5(2)d r/w (5(2) PC Act) registered at Police Station Crime Branch.
In July last year, the ED filed the charge sheet in the court of Principal District and Session Judge here under various section of Prevention of Money Laundering Act. The Enforcement Directorate had registered a case against Peer which was based on an FIR of the Crime of Police.
In 2014, Crime Branch investigation had thrown up that Peer, in the capacity of then Chairman BOPEE, allegedly sold question papers of CET 2012 for Rs 60 lakh to a broker Farooq Ahmad Itoo, who was running a computer centre in his hometown Anantnag in South Kashmir. As per crime branch, Itoo and his close aide Sajad Ahmad Bhat sold the papers to interested students and parents against hefty sums. Itoo later turned approver in the case.
The ED had identified Peer's assets and cash in bank accounts in Delhi and Kashmir and issued attachment orders identifying them as "proceeds of crime" derived from alleged corruption money of the scam.
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