Terror-funding: ED moves court for questioning jailed UAE-based businessman in money laundering case

The Enforcement Directorate on Wednesday moved a Delhi court seeking permission to question a UAE-based businessman, arrested by the NIA and currently in judicial custody here in a terror-funding case also involving Lashkar-e-Taiba (LeT) chief and 26/11 Mumbai attack mastermind Hafiz Saeed.

In an application filed before District Judge Poonam A Bamba, the ED said that United Arab Emirates businessmen Naval Kishore Kapoor was required for interrogation and recording of his statement in a money laundering case, being probed by the ED in relation to the present matter.

The NIA had arrested Kapoor on July 26 and he is presently lodged in Tihar central jail.

The court has put up the application, filed by ED's special public prosecutor Nitesh Rana, for hearing tomorrow.

The ED had earlier interrogated a Kashmiri businessman Zahoor Watali, a co-accused in the case, in an investigation in the present matter under the provisions of the Foreign Exchange Management Act (FEMA) against him for allegedly receiving funds from abroad.

In today's application moved through advocate A R Aditya, the ED told the court that "Watali had mobilised huge amount of funds in the guise of foreign remittance from unknown sources in India through/in association with one of his old associates Kapoor."