The Enforcement Directorate (ED) had alleged that Malik had illegally occupied “Kurla General Store” in Goawala buildings compound at Kurla West in 1996, and after becoming a state minister a few years later, he usurped entire premises with the help of Haseena Parkar, late sister of gangster Dawood Ibrahim.
Pegging the total proceeds of crime at Rs 16 crore, the ED had submitted a chargesheet in the case.
Additional solicitor general (ASG) Anil Singh appearing for the ED argued at some length and also denied Malik’s contention that his arrest itself was illegal. Malik said there was no prior offence registered against him under another Act and said that no case is made out against him under PMLA. The ASG said ED has found material and witness statements to show Malik’s alleged involvement in the conspiracy to allegedly usurp property in Goawala compound as well as laundering.