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Terror-funding case: Court denies bail to Kashmiri businessman

Press Trust of India  |  New Delhi 

A today denied bail to Zahoor Watali, under arrest for his alleged role in a terror-funding case also involving (LeT) chief and 26/11 attack mastermind

said the case was not ripe for grant of bail.

On June 5, the court had reserved Watali's bail application after hearing the arguments on his behalf as well as from the (NIA).

Watali was arrested on August 17 last year by the NIA. He is currently in judicial custody.

Opposing the bail plea, the NIA contended that the source of funds received by the accused was not satisfactorily explained by him. If released on bail, he might hamper the probe and flee from justice, it said.

In his application moved by Shariq Reyaz, Watali said no offence under the stringent Unlawful Activities (Prevention) Act (UAPA) was made out against him in the charge sheet and that he had already spent nine months in jail.

His said the probe in the case was already concluded and the charge sheet filed.

Watali, Saeed, and others have been accused by the NIA of "conspiring to wage war against the government" and fomenting trouble in the

In its charge sheet, the NIA has alleged that officials of the here were passing on money to separatists in through Watali.

The separatist leaders have been accused of taking a cut of the money.

Saeed has been accused of using Watali's services for passing on the money to the separatists and some individuals, who were actively indulging in stone-pelting in the Valley.

The NIA has charged Pakistan-based terrorists Saeed and Salahuddin, besides 10 others, with criminal conspiracy, sedition and provisions of the UAPA.

Besides Saeed, Salahuddin and Watali, the agency has named hardline separatist leader Syed Ali Shah Geelani's Altaf Shah alias Altaf Fantoosh and in the charge sheet.

Hurriyat Conference leaders Nayeem Ahmad Khan, Farooq Ahmad Dar alias Bitta Karate, and have also been charged by the agency in the terror-funding case.

All the accused are currently in judicial custody.

Two of the accused -- and -- both accused of stone-pelting, were earlier granted bail by the court.

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

First Published: Fri, June 08 2018. 17:35 IST