Mumbai News

Humayun Merchant seeks bail from Bombay HC in money laundering case – Times of India

Bombay high court(File photo)

MUMBAI: Humayun Merchant, an accused and alleged aide of Iqbal Mirchi, a co-accused, in a money laundering case has sought bail from Bombay high court. Lodged in Taloja jail, since his arrest by the Enforcement Directorate last October, Merhant had his bail plea rejected twice by the special trial court last November and again this February.
His plea now is on the grounds that his arrest and subsequent detention is not in compliance with provisions set out under the Prevention of Money Laundering Act (PMLA). His application says that his “continued incarceration” is “against the doctrine of ‘bail is the rule and jail an exception”.
The case involved alleged deals over three properties including Rabia Mansion and Marium Lodge at Worli.
His bail plea says that his medical condition is “constantly deteriorating and applications for home food are mechanically rejected even though he has been prescribed a high fibre, low cholesterol diet” and he also said he has a history of “acute ischemic stroke caused by blockage in a blood vessel.”

Source: https://timesofindia.indiatimes.com/city/mumbai/humayun-merchant-seeks-bail-from-bombay-hc-in-money-laundering-case/articleshow/76944887.cms