1. Money Laundering case: Moin Qureshi challenges arrest, Delhi HC seeks response from ED

Money Laundering case: Moin Qureshi challenges arrest, Delhi HC seeks response from ED

Days after the ED arrested controversial meat exporter Moin Qureshi in a money laundering case, the latter challenged his arrest in the Delhi High Court today.

By: | New Delhi | Published: August 30, 2017 4:23 PM
Money Laundering case, Delhi High Court, meat exporter Moin Qureshi, ED,  Enforcement Directorate, CBI The Delhi High Court has issued a notice to the ED seeking its response in five days.

Days after the Enforcement Directorate (ED) arrested controversial meat exporter Moin Qureshi in a money laundering case, the latter challenged his arrest in the Delhi High Court today. As per the ANI, the High Court has issued a notice to the ED seeking its response in five days. He was arrested by the agency last Friday after being called for questioning in the case in the case, PTI said. Qureshi was arrested under the Prevention of Money Laundering Act (PMLA), the officials had said alleging he was not cooperating with the investigation. The agency had questioned him a number of times in the past after two FIRs were filed under PMLA, the agency added.

As per PTI, former CBI Director Amar Pratap Singh has also been named in the FIR. The previous PMLA case was booked against the meat exporter in 2015 by ED, based on a complaint by Income Tax prosecution. The Income Tax department and the CBI is also probing Qureshi in for alleged tax evasion, money laundering and corruption among others. According to the agency, I-T Department is investigating the meat exporter under the new Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 as Qureshi was found to be owning few foreign assets as they were either not reported or declared to tax officials. It came to light after the tax department conducted searches against Qureshi and his firm for the first time in February 2014, PTI added.

The probing agency had also conducted searches in Delhi, Ghaziabad, Hyderabad and Chennai in connection with the FIR against the meat exporter, which included premises of businessman Pradeep Koneru and the residence of Singh. Koneru’s name has also figured in Jagan Reddy’s money laundering case, Indian Express said.

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