High Court denied bail in a money laundering case involving leasing Waqf properties. Accused misled about surgery, evidence pointed to criminal conspiracy.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....The High Court considered a bail application in a money laundering case involving illegal gratification for leasing Waqf properties. It assessed the evidentiary value of statements u/s 50 of PMLA for bail purposes. The evidence indicated a criminal conspiracy involving the accused in investing proceeds of crime in immovable properties. The Court found that the accused misled about the necessity of bail for a surgery, casting doubt on their credibility. The Court concluded that the evidence warranted the application of Section 45 of PMLA, denying bail to the applicants. The bail application was dismissed.....