Yusuf Lakdawala
Yusuf Lakdawala
File photo

Two days after builder Yusuf Lakdawala, 75, was remanded in judicial custody by a special Prevention of Money Laundering Act (PMLA) court, on Friday he filed a bail application before the court.

The septuagenarian was arrested on 28 May in alleged money laundering linked to Khandala-based land belonging to erstwhile Hyderabad Nawab Himayat Nawaz Jung Bahadur.

He spent 13 days in the Enforcement Directorate’s (ED) custody before being remanded in judicial custody by the court. His advocates had sought for him to be sent into house arrest instead of prison, considering his physical condition as he suffers chronic illnesses. The court then directed that he be provided home food in jail considering his health and age.

Lakdawala and his associate, Mohan R Nair, were booked on the complaint of Jitendra Badgujar, sub-registrar of Maval taluka, for allegedly usurping 4.38 acres of a plot of land, belonging to an erstwhile Hyderabad Nawab, in Khandala. Lakdawala was later granted bail in the said case.

Free Press Journal