Mumbai: Special MP & MLA Court Frames Money Laundering Charges Against NCP Leader Nawab Malik

Court Rejects Discharge Plea; Malik, Family Firms & 1993 Blast Convict Sardar Khan to Face Trial for Alleged Links With D-Company

Mumbai | Undercover Editor News:

In a significant development, the Special MP & MLA Court in Mumbai on Tuesday formally framed money laundering charges against senior NCP leader Nawab Malik, his family-owned companies Malik Infrastructure and Solidus Investments, and 1993 blast convict Sardar Khan. Malik pleaded not guilty, paving the way for a full-fledged trial in the long-running Enforcement Directorate (ED) case.

The order comes days after the court dismissed the discharge pleas filed by Malik and his companies, observing that the investigative material prima facie showed Malik’s alleged conspiracy with D-Company members Haseena Parkar, Salim Patel, and Sardar Khan to illegally acquire a prime parcel of Kurla land and launder the proceeds generated from it.

Court’s Observation: “Clear Evidence of Laundering Usurped Property”

While rejecting the discharge plea, the court noted:     

“It is evident that Nawab Malik, in connivance with D-Company members — Haseena Parkar, Salim Patel, and accused Sardar Khan — participated in laundering illegally usurped property, which constitutes proceeds of crime.”

The court further stated that the rent collected through Solidus Investments and Malik Infrastructure—both controlled by the Malik family—must also be treated as proceeds of crime.

The Kurla Land Case: How the Deal Was Structured        

According to the prosecution:

• The disputed land, located in Goawala Compound, Kurla, belonged to Manira Plumber and her family.
• ED alleges that Malik and associates forcibly took control of the property by involving D-Company-linked individuals.
• The land was subsequently transferred to Solidus Investments, a company managed by the Malik family.
• ED claims that the takeover of Solidus by Malik was “strategic”, intended to seize the entire Kurla property under the company’s name.

The agency has also accused Malik Infrastructure of collecting ₹9.60 crore in rent through lease arrangements structured after 2010-11.

What ED Says Happened With the Rent

• Till 2010-11: Solidus collected rent.
• After 2010-11: Malik Infrastructure was formed, entered into lease with Solidus, and allegedly continued rent collection.
• ED maintains that all such rent amounts are part of the proceeds of crime tied to the illegally acquired land.

What Happens Next

With charges framed, the court is set to commence trial proceedings. Malik, who has maintained that the case is politically motivated, will now face detailed scrutiny in court along with the co-accused.

This case is among the most high-profile money laundering matters involving a senior Maharashtra politician and D-Company-linked land transactions.