Bengaluru, Oct 29: The high court granted conditional bail to Mohammed Mansoor Khan, main accused in the multi-crore IMA ponzi scam of which money laundering is being investigated by the Enforcement Directorate.
He, however, will remain in jail as he is yet to get bail in the main case which is under CBI probe. Mansoor has been in judicial custody since August 1, 2019.
Mansoor had approached the HC after the trial court rejected his bail petition in the ED case a couple of months ago. He said he had come to India voluntarily, surrendered to police and cooperated with the investigation which is now complete. He claimed he has surrendered his passport as well.
Considering these facts, Justice Srinivas Harish Kumar allowed his bail petition on October 19. The judge directed Mansoor to furnish a bail bond for Rs 5 lakh and two sureties for like sum.
Mansoor has to regularly appear before the trial court till conclusion of trial and mark his attendance every fortnight at the office of Directorate of Enforcement, Bengaluru. The court stipulated that Mansoor should not alienate any of his properties till conclusion of trial and if the need arises, he should disclose the purpose to the trial court which in turn will impose conditions for it.
Mansoor claimed he has been suffering from hypertension for a long time. He's also suffering from a heart ailment and has been diagnosed with unstable angina coronary artery disease and 100% blockage. He's also suffering from spine degenerative spondylosis.
He claimed that if released on bail, he could get better treatment in a hospital of his choice.