Overview
- Nawab Malik pleaded not guilty as a special MP‑MLA court in Mumbai formally opened the trial phase in the money-laundering case.
- Charges were framed under Section 3 of the PMLA read with Section 70 and are punishable under Section 4, naming Malik, Solidus Investments and Malik Infrastructure.
- A separate process will proceed for co‑accused Sardar Khan, with the court sending charge papers to jail to record his statement in custody.
- The court last week rejected a discharge plea by Malik Infrastructure and declined to defer proceedings, citing directions to expedite cases involving MPs and MLAs.
- The ED alleges a conspiracy with Haseena Parkar, Salim Patel and Sardar Khan to usurp Kurla’s Goawala Compound using forged documents, with rent flows through Solidus and Malik Infrastructure treated as proceeds of crime valued at roughly Rs 16 crore.