Business Standard

SC stays bail of Kashmiri businessman in terror funding case

IANS  |  New Delhi 

A day after the High Court granted to Kashmiri Ahmad Shah in a terror funding case, the on Friday stayed the order.

A bench of and Justices and said it would hear the matter on September 26.

The order came on a plea filed by the (NIA) challenging the High Court's order, saying that it has ignored the evidence against

Appearing for the NIA, told the apex court that there were "very serious charges" against the and he should not have been granted

The Agency further contended that documents recovered from the premises of Watali's have showed that money had been received from Pakistan-based terrorist leaders Hafiz Saeed, and the which was distributed to Hurriyat leaders to finance terror activities.

Forensic analysis of Watali's signature proved his involvement, but the high court ignored the documents as a "piece of paper",told the apex court.

A appearing for said he was 75-years-old and has been in jail for months and there were no grounds for to make a case against him.

Watali, arrested for his alleged role in a terror-funding case involving Saeed, was granted by the High Court on Thursday, directing him to not leave the country without permission.

He had challenged the trial court's June 8 order rejecting his bail plea.

Watali was arrested on August 17, 2017, and was charge-sheeted by on January 18 along with Saeed, Salahuddin, seven Kashmiri separatist leaders and others in the case.



(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, September 14 2018. 13:18 IST