Tariq Ahmed Dar gets bail for money laundering

New Delhi, (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.

Support TwoCircles

“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.