Top Court Stays Bail Of Jammu And Kashmir Man In Terror-Funding Case

INSUBCONTINENT EXCLUSIVE:
arrested by the National Investigation Agency (NIA) for his alleged role in a terror-funding case involving Lashkar-e-Taiba (LeT) chief
Hafiz Muhammad Saeed.A bench comprising Chief Justice Dipak Misra and Justices AM Khanwilkar and DY Chandrachud considered the submissions
of the NIA that the release of Watali would cause grave harm to the ongoing investigation in the terror-funding case.The NIA was represented
by Attorney General KK Venugopal and Additional Solicitor General Maninder Singh.The bench has now fixed the plea of NIA filed against the
Delhi High Court verdict for hearing on September 26 and asked the accused businessman to file his response in the meantime.The high court
had Thursday said there was no prima facie material to show that 70-year-old Zahoor Ahmad Shah Watali was involved in the conspiracy.Watali
was arrested on August 17 last year by the NIA.Watali, Hafiz Saeed, Hizbul Mujahideen chief Syed Salahudeen and nine others have been
accused by the NIA of "conspiring to wage war against the government" and fomenting trouble in Kashmir.In its charge sheet, the NIA alleged
that Watali received money from ISI of Pakistan, the Pakistan High Commission and from a source in Dubai.