Left Menu
Development News Edition

Plea for increasing security amount deposited by Moin Qureshi transferred to another bench

Plea for increasing security amount deposited by Moin Qureshi transferred to another bench
Image Credit: Flickr

The Delhi High Court Wednesday transferred to another bench a plea by the CBI seeking a three-time increase in the security amount to be deposited by controversial meat exporter Moin Qureshi, accused in a cheating and corruption case, to travel to the UAE and Pakistan. Justice Chandra Shekhar, who had earlier sought Qureshi's response on the CBI's plea, sent the case to another single judge, who is hearing a similar matter related to a co-accused.

The court was informed by the counsel appearing in the matter that a similar plea involving co-accused Pradeep Koneru is pending before Justice Najmi Waziri. Koneru's issue relates to security amount to be deposited by him for travelling abroad. The CBI's plea has been listed for hearing on Thursday before Justice Waziri. The court had earlier issued notice to Qureshi seeking his reply on the plea of the probe agency which has requested the security deposited be increased from Rs 2 crore to Rs 6 crore and also contended the trial court ought to have mandated higher amount as was done by the high court for a co-accused in the case.

Qureshi, on February 1, was allowed by a trial court to travel to the UAE from February 15-23 for attending the Gulf Food Festival and from March 6-20 to Pakistan to attend his niece's wedding. The trial court had directed Qureshi to furnish additional security of Rs 2 crore in the form of bank guarantee and warned that in case of violation of any of the conditions imposed, the amount would be forfeited.

He was also asked to surrender his passport within 24 hours of his arrival in the country. While the CBI sought enhancement of the amount, Qureshi moved an application in the trial court to reduce the security to Rs 50 lakh, the agency had earlier told the high court.

The ED and the CBI had opposed before the lower court Qureshi's plea to travel abroad on the apprehension that he may not return to face the trial. The CBI had urged the trial court that stringent security conditions be put on him as was done in the case of the co-accused by the high court.

Qureshi had sought permission of the trial court to travel to the UAE from February 9-24 to meet buyers and attend the Gulf Food Festival for purposes of promoting and growing his business. And to Lahore and Karachi in March to attend a relative's wedding and to permit him to retain his passport between the trips to obtain visa for Pakistan. The court had in 2017 granted him bail in a case in which the ED had alleged that Qureshi was involved in hawala transactions through Delhi-based hawala operators Parvez Ali of Turkman Gate and M/s South Delhi Money Changer (DAMINI) in Greater Kailash-1.

The ED has challenged the bail order in the high court which is pending. The CBI had lodged a case against him after the ED and Income Tax department's probe into money laundering allegations against Qureshi, in which ongoing investigations have allegedly revealed involvement of senior public servants. The probe agency had earlier alleged that money has been sent abroad by the accused from one of the witnesses in the investigation through hawala channels in exchange for help provided to him in a CBI case.

(With inputs from agencies.)

Download The Devdiscourse News App for Latest News.



Top 10 Fake News, Myths and Realities on 2019 Novel Coronavirus COVID 19

With nearly 1500 deaths by January 14 and around 65,000 infections in China, the Novel Coronavirus 2019 has become one of the worst health epidemics of the 21st Century. However, 8,573 people have been cured but the rumor mongers are a...

Handling fake news Infodemic in time of Coronavirus epidemic

Social media has provided a platform where everybody can disseminate his her views without any supervision. Its excellent if the message is genuine but misinformation is equally disastrous. Health is such a topic where every Tom and Harry c...

Sentiment Analysis on Budget 2020: Long shot for solution to economic worries?

Industries and individuals alike had high expectations from the government to take tangible steps but the budget 2020 seems to have failed expectations....

How can technology help the future of mobility?

More than a billion people or one-third of the global rural population lacked access to all-season roads and transport services in 2016, subsequently hindering the socio-economic development....


Latest News

CCEA gives nod to establishing 10,000 new Farmer Producer Organisations

The Cabinet Committee on Economic Affairs CCEA, chaired by Prime Minister Narendra Modi on Wednesday gave its approval for 10,000 Farmer Producer Organisations FPOs to be formed in five years period from 2019-20 to 2023-24 with a further co...

Soccer-Spain's top-flight women players secure collective wage deal

Spains top-flight women footballers have signed their first collective agreement on pay and conditions, breaking an impasse with sporting authorities which led to a strike last November. The agreement, which was signed on Tuesday but only m...

US STOCKS SNAPSHOT-Nasdaq hits record high at open on China stimulus hopes, drop in new virus cases

Nasdaq hit an all-time high at the open on Wednesday on signs of slowing coronavirus infections and expectations that China would take more measures to bolster its virus-hit economy.The Dow Jones Industrial Average rose 80.51 points, or 0.2...

Sindhu lays foundation stone for badminton academy in Chennai

A state-of-the-art badminton academy and stadium named after ace shuttler P V Sindhu is tobe set up on the city outskirts by the Heartfulness Institute. Sindhu, a practioner of Heartfulness meditation, onWednesday laid the foundation stone ...

Give Feedback