x

Like our Facebook Page

   
Early Times Newspaper Jammu, Leading Newspaper Jammu
 
Breaking News :   Case of fraud, manipulation registered against 'Shadi Ke Patasay' director Shahid Kazmi | After terror, Kashmir faces new menace: Drug addiction | Change necessary for things to work: Munish to people | Will distribute my salary among needy' | Major illegal constructions coming up inside Dal lake, LAWDA silent! | Disabled couple seek govt job | Delayed filling up of 6 LC seats under Panchayat, ULB quota likely | Pulwama like incidents will continue: Experts | SRTC voluntary retireed employees continue to face Govt apathy | 2 sisters die due to `negligence' of nursing staff at Makol | Trikuta Nagar Sect 2A residents raise walls to stop sewerage water | ABVP protests lack of seats for undergraduate courses | SC/ST/OBC Corp organizes awareness camp | Jodhamal organizes American Field Service workshop | 'Aaun Aan Shinda' poster, trailer released with fanfare | JKSAC for final settlement of DPs as per JPC report | Pakistan Occupied Kashmir: fragile eco-systems being destroyed by covetous Pakistan | Nelson Mandela remembered as a saint, a sage of humanity in line with Mahatma Gandhi | JuD chief, Hafiz Saeed in judicial custody | No one tried to mitigate our sufferings: Trikuta Nagar Extn residents tell Munish | Naveen Chaudhary sets timeline for I&C Deptt languishing projects completion | Nanak Nagar drain: A monster in rainy season | Sunder Mohalla turns dirty, residents blame administration | District Hospital Udhampur becomes first J&K hospital to get NQAS Certification | DC Doda issues order for monitoring mechanism of punctuality in govt offices | IFB organizes Monsoon Exchange Mela | JU emerges as group winner at national competition | Natrang artist selected for Ustad Bismillah Khan Puraskar | Bovine smuggling bids foiled in Rajouri, 5 arrested | JKSRTC to start night service from Srinagar to Jammu from August 15 | Selected as fighter pilot in IAF, village girl motivating youngsters in J&K | Cement Industries violate norms, threatens public health | One killed, 11 injured in Poonch accident | HC issues notices to J&K, convicts | ABVP extends support to Sanskrit scholars, students | IGP Jammu takes Security review of SANJY-2019 | Over 4K set out for Amarnath, as Yatra breaks record | Despite attachment, 'erring' clerk calling the shots for 4 month | Mankotia calls on chairman NGT; expresses concern over waste dumping at River Tawi | Up-gradation work of lanes begin at Nanak Nagar | Prof. Soz criticizes Vikramaditya Singh for comment on 13th July martyrs | 12 chemist stores inspected in Rajouri | Govt cheating people in the name of new Degree Colleges: Harsh | Amit kickstarts Swachhta Abhiyan at SANJY Nunwan Base Camp | BJP miserably fails to address various public issues: Pawar | Advisor Kumar inaugurates office of State Spatial Data Infrastructure | DC Jammu for maximum coverage of PM-SYM, PM-KISAN | Back Issues  
 
news details
Court rejects bails in hawala case
6/19/2019 11:47:46 PM
Early Times Report
Jammu, June 19: A CBI court on Wednesday rejected bail applications of three persons arrested for money laundering and delivering the same to militant cadres in Kashmir Valley.
CBI Judge Srinagar, Mohan Singh Parihar, rejected the applications of P. Z. Irshad Ahmad Qureshi, Irshad Ahmad Hajjam and Firdous Iqbal Wani seeking their discharge of the offence under Section 3 punishable under Section 4 of the Prevention of Money Laundering Act, 2002 (15 of 2003), hereinafter referred as PML Act.
The trio was arrested from Karan Nagar area of Srinagar on March 10, 2009 and some cash was recovered from their possession.
The complainant namely, Assistant Director, Directorate of Enforcement Government of India, Durrani House Rajbagh, Srinagar had filed a criminal complaint in the CBI court for prosecution of the trio accused of have committing offence under Section 3 punishable under Section 4 of the PML Act.
The Judge, after hearing both the sides, observed that "….facts disclose that the seized money of Rs 17,73,914 was acquired by three accused through illegal means and was proceeds of crime meant for strengthening militant cadres of Hizbul Mujahideen. From the material on the record, it appears that the money seized by police is the proceeds of crime which the accused had attempted to distribute among the militant cadres. All the three accused have claimed that the money seized is not the proceeds of crime and is untainted money. So in a money laundering case the burden is upon the accused in terms of Section 24 of the Act, to prove that the money recovered and seized from them was neither proceeds of crime nor untainted money. The complainant is duly authorized to file the complaint in this court for the prosecution of accused and the cognizance taken by this court for offence under Section 4 of the PML Act."
"In my opinion there is prima-facie sufficient material against the accused to presume that the accused have committed offence of money laundering under Section 3 punishable under Section 4 of PML Act and the accused are liable to be charged under said Section. The application filed by accused for discharge is without any merit, which is accordingly dismissed," the court observed.
  Share This News with Your Friends on Social Network  
  Comment on this Story  
 
 
 
Early Times Android App
STOCK UPDATE
  
BSE Sensex
NSE Nifty
 
CRICKET UPDATE
 
 
 
 
 
 
 
 
   
Home About Us Top Stories Local News National News Sports News Opinion Editorial ET Cetra Advertise with Us ET E-paper
 
 
J&K RELATED WEBSITES
J&K Govt. Official website
Jammu Kashmir Tourism
JKTDC
Mata Vaishnodevi Shrine Board
Shri Amarnath Ji Shrine Board
Shri Shiv Khori Shrine Board
UTILITY
Train Enquiry
IRCTC
Matavaishnodevi
BSNL
Jammu Kashmir Bank
State Bank of India
PUBLIC INTEREST
Passport Department
Income Tax Department
JK CAMPA
JK GAD
IT Education
Web Site Design Services
EDUCATION
Jammu University
Jammu University Results
JKBOSE
Kashmir University
IGNOU Jammu Center
SMVDU