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Lucknow: Lucknow bench of Allahabad High Court has given a big blow to MLA Abbas Ansari in the money laundering case. In fact, the High Court bench has rejected the bail plea of SubhaSP MLA from Mau assembly seat Abbas Ansari in the money laundering case. Let us tell you that ED had registered a case against Abbas Ansari. The court has said in its order that prima facie the connection of money transactions is proved and under the provisions of the Prevention of Money Laundering Act, the court is not satisfied that the accused is innocent in this case.
Afshan Ansari also has a stake
A single bench of Justice Jaspreet Singh passed this order rejecting the application of Abbas Ansari. It is alleged that a company named ‘M/s Vikas Construction’ is directly involved in the money laundering case, which took possession of the land and constructed warehouses. Along with this, they earned more than Rs 15 crore by renting those warehouses to FCI. The company is also accused of receiving subsidy of Rs 2.25 crore from NABARD. The majority stake in the construction company is held by Afshan Ansari, mother of accused Abbas Ansari and Vikas Construction is directly related to M/s Aagaaz, which is the company of the accused’s maternal grandfather.
Kapil Sibal gave arguments
In this case, senior advocate Kapil Sibal argued on behalf of Abbas Ansari. He said that even if both the companies are involved in money laundering, the accused have no direct connection with it. While opposing the bail, ED argued that money was coming into the accounts of Abbas Ansari from the accounts of the above two firms and he used this money for his personal expenses, which included traveling abroad and purchasing weapons for sport rifle shooting. Import included. The ED argued that the accused did not initially cooperate in the investigation until a lookout notice was issued against him.
