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Tariq Ahmed Dar gets bail for money laundering

Tariq Ahmed Dar gets bail for money laundering
New Delhi, Feb 20 (IANS) A Delhi court on Monday granted bail to Tariq Ahmed Dar, who was convicted on Thursday for the 2005 Delhi serial blasts, in a related money laundering case.

Taking into account that Dar was in custody on money laundering charges for over five years, Additional Sessions Judge Reetesh Singh allowed Dar's bail plea.

"In these facts and circumstances and keeping in view that Tariq Ahmed Dar as on date has been in custody in the present proceedings for about five years and five months out of a maximum possible sentence of seven years, I admit him to bail subject to him furnishing a personal bond of Rs 25,000 with one surety of the like amount," Singh said.

 

Dar has been facing trial for money laundering filed by the Enforcement Directorate for allegedly possessing proceeds of a crime.

This is punishable under Sections 3 and 4 of Prevention of Money Laundering Act (PMLA).

On February 16, Dar was awarded a 10-year jail term by the court for the 2005 Delhi serial blasts for being a member of banned terror outfit Lashkar-e-Taiba (LeT) and extending support to it.

The court sentenced Dar to jail for the period he has already spent in jail. He had been in jail since his arrest on November 10, 2005.

The serial blasts went off in crowded market places of Sarojini Nagar, Kalkaji and Paharganj on October 29, 2005, two days before Diwali.

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

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Tariq Ahmed Dar gets bail for money laundering

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Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.

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