Monday, September 16, 2019
News

Moin Qureshi money laundering case: Businessman Satish Sana Babu granted bail

   SocialTwist Tell-a-Friend    Print this Page   COMMENT

New Delhi | August 19, 2019 3:11:30 PM IST
A special court granted bail to businessman Satish Sana Babu on Monday in connection with a money laundering case related to the controversial meat exporter Moin Qureshi.

While allowing his bail petition, Special Judge Anuradha Shukla Bhardwaj directed the Hyderabad-based businessman to furnish a personal bail bond of Rs 5 lakh and one surety of like amount.

Babu was arrested by the Enforcement Directorate (ED) in July this year in connection with the case. On August 9, the court had sent him to judicial custody till August 23.

The ED is investigating the money laundering case filed against Qureshi for alleged corruption in connivance with government officials.

During the investigation of the case, it came to the fore that Babu was a close aide of Qureshi, who is accused of hawala transactions through Delhi-based operators.

In October last year, on the basis of a complaint filed by Babu, a case was registered against the then CBI director Alok Verma and special director Rakesh Asthana on charges of accepting a bribe from a businessman who was related to the case. (ANI)

 
  LATEST COMMENTS (0)
POST YOUR COMMENT
Comments Not Available
 
POST YOUR COMMENT
 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
INDIA WORLD ASIA
Boat capsized in East Godavari: CM Reddy...
Delhi police seizes over 12500 quarter i...
Despite global turbulence, economic fund...
High-level meeting held in MHA over J-K ...
Indians will give reply to Pakistan if i...
Ravidas temple row: CJI to allocate anot...
More...    
 
 Top Stories
Samuel L. Jackson lost six relative... 
Katie Price reveals being target of... 
Malaika performs yoga to cultivate ... 
Capsule to analyse what gases you h... 
Daughter shaves off her head in wai... 
Restrictions eased in J&K, health s... 
4 more bodies recovered from Godava... 
Lots of potential but need good coa...