x

Like our Facebook Page

   
Early Times Newspaper Jammu, Leading Newspaper Jammu
 
Breaking News :   Omar Abdullah leaked twitter photo; A blessing in disguise for NC? | Centre’s outreach programme leaves Kashmir centric leaders bewildered | Expelled PDP leader lobbies for ‘GharWapsi’ | Security beefed up in Srinagar as union territory of JK celebrates first Republic Day | MGNREGA material payments’ withdrawal: BDO Marwah suspended for violating DC's order | Authorities failed to remove encroachment on Tawi | Women's Under-23 One Day Trophy | Speed Ball team wins 8 gold medals in 65th NSG | PIDMT organises Free Ayurvedic Medical Aid Camp | Power shut down | JKNPP seeks eviction of BJP legislators from Govt bungalows | ICDS hosts painting competition on BBBP at Udhampur | YCET conducts faculty development programme | J&K Police gets 126 President’s Police Medal on R-Day | LokAdalat disposes 41 cases, realizes Rs 18,20,387 fine | Militancy remains biggest concern despite drastic decline in violence: Murmu | PCB seizes major consignment of illegal polythene | CRPF gunslinger who neutralised 50 terrorists in J-K, to receive 6th PMG on Republic Day | SC stays 'status quo' on plea over Army Hospital Udhampur | BSF's Op 'Sard Hawayein' to foil infiltration attempts on Jammu borders | Districts key units for execution of govt programmes: Ravi Shankar Prasad | Address issues confronted to youth: Rana | Sham inaugurates TVS scooty showroom | RTO Kathua imposes Rs 14.40 lakh fine | Only one-way traffic on national highway, vehicles to ply from Jammu to Srinagar | Muslims perform last rituals of Kashmiri Pandit in Bandipora | Employees withdraw salaries through tout but 'without work' | Ahead of 71st Republic Day 7 OGWs arrested; arms, ammunition recovered in Bandipora | Transmission wires hanging on tree branches pose serious threat to residents | Security tightened in Jammu for ''incident free'' R-Day celebrations | Self-styled JeM Kashmir chief Qari Yasir among three militants killed in Kashmir | J-K Lt Guv urges voters to contest elections to 'bring the change' | Republic day honors 'Constitution of India' | FOOD PACKAGING: Yesterday, Today and Tomorrow! | 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