A bench of Justices DY Chandrachud and Surya Kant said that it will not interfere with the Bombay High Court order of March 15 but Malik can avail the remedy available under the law before the trial court
Nawab Malik. File Pic
The Supreme Court on Friday refused to grant bail to Maharashtra cabinet minister and NCP leader Nawab Malik in a case of money laundering, saying the probe is at a nascent stage.
A bench of Justices DY Chandrachud and Surya Kant said that it will not interfere with the Bombay High Court order of March 15 but Malik can avail the remedy available under the law before the trial court.
ADVERTISEMENT
Senior advocate Kapil Sibal, appearing for Malik, said they have arrested me in 2022 for something that happened in 1999.
He said there is no case under the Prevention of Money Laundering Act (PMLA) as there is no predicate offence.
The bench said the investigation is at a very nascent stage and it will not interfere with the high court order.
A special court here on Friday extended till May 6 the judicial custody of Maharashtra Minister Nawab Malik in a money laundering probe linked to the activities of fugitive don Dawood Ibrahim and his aides.
This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever.
Subscribe today by clicking the link and stay updated with the latest news!" Click here!
