Delhi court rejects PFI Delhi President Parwez Ahmed's bail in money laundering case, citing failed PMLA threshold requirement.

Delhi court rejects bail plea of Popular Front of India (PFI) Delhi President Parwez Ahmed in a money laundering case involving alleged cash donations. Court cites failed threshold requirement outlined in Section 45 of Prevention of Money Laundering Act (PMLA). Enforcement Directorate claims Ahmed played a key role in criminal conspiracy and fund collection activities in Delhi, with investigation revealing discrepancies in fund sources and over Rs 120 crore deposited across PFI and related entities' accounts.

March 30, 2024
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