New Delhi, Jan 18: The Delhi High Court on Friday granted bail to businessman Mohammad Aslam Wani, arrested in an alleged money laundering case involving Kashmiri separatist Shabir Shah.
Justice Najmi Waziri granted relief to Wani, who has been in jail since he was arrested in 2017. The court directed him to furnish a personal bond of Rs 3 lakh and two sureties of the like amount.
Wani was arrested by the Enforcement Directorate (ED), with the help of Jammu and Kashmir Police, from Srinagar on August 6, 2017, and is currently in judicial custody.
Shabir Shah was arrested by the agency from Srinagar on July 26, 2017.
The ED had opposed Wani’s bail plea saying the investigation was still going on. It said there was an apprehension that if released, Wani may “flee from justice”.
A trial court had earlier denied bail to Wani in the decade-old case.
Wani was earlier apprehended on August 26, 2005, with the ED claiming that Rs 63 lakh had been recovered from him.
Advocate M S Khan, appearing for Wani, had sought bail after the Supreme Court set aside all orders by which bail to an accused was denied due to a stringent condition in money laundering cases and directed that such cases be remanded back to the respective courts to be heard on merit.