 "Nawab Malik sent to ED custody till March 3 in money laundering case")
A special court here on Wednesday remanded Maharashtra Minority Affairs Minister Nawab Malik to the custody of Enforcement Directorate (ED) till March 3 in a money laundering probe linked to the activities of fugitive gangster Dawood Ibrahim and his aides.
Malik was arrested earlier in the day after being questioned for about five hours at the ED office in south Mumbai's Ballard Estate area since around 8 am.
The 62-year-old NCP leader was produced before special Judge RN Rokade, who remanded him to ED custody till March 3 for further probe into the matter. The cabinet minister's statement was recorded under the Prevention of Money Laundering Act (PMLA) and he was arrested under the same provisions as he was evasive in his replies, ED officials said.
The ED case is based on an FIR filed recently by the National Investigation Agency (NIA) against Ibrahim, a fugitive gangster, and others. The NIA had filed its criminal complaint under sections of the Unlawful Activities Prevention Act (UAPA).
One subscription. Two world-class reads.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%