Court orders NIA to release Rs 26 lakhs it seized from ‘suspect’

Mumbai: The National Investigation Agency (NIA) Special Court in New Delhi on 2 May ordered the country’s central investigating agency to release over 2.6 million rupees in cash it seized from the residence of a “suspect” during a search in 2012.

 “Justice I. S. Mehta – District & Sessions Judge Special Court NIA New Delhi on Thursday ruled that the amount of Rs.26,45,000 in cash the NIA had seized from Mohammad Zakiuddin Nizamuddin’s house on August 23, 2012 be released as soon as possible”, Advocate M.S. Khan said while talking to over phone.

He said the NIA based on some information had on August 23, 2012 raided the residence of Mohammad Zakiuddin Nizamuddin’s residence in Beed and seized the said amount besides laptop, mobile and other such things.

 “The NIA had search warrant against Mohammad Zakiuddin. However, later investigations revealed that the information the NIA had was wrong and Zakiuddin was not involved in any illegal or unlawful activities. No case was lodged against him but the amount seized was lying with the NIA. Hence we approached the court for the release of the said amount”, he said.

 The court order dated May 02, 2013, a copy of which is with, said that the amount seized and lying with NIA Mumbai branch be released to the rightful person as shown in the seizure memo dated 23.08.2012 against proper receipt.

Mohammad Zakiuddin Nizamuddin is an MBA and belongs to a reputed and well-off family of Beed. Recalling the trauma he faced following the NIA search warrant he said that he was in Mumbai on August 23, 2012 when the NIA raided his house.

He said that Rs.26,45,000 in cash was in his house as the family had sold off some of their ancestral properties few days before the NIA raid. “It was legally sourced and had no illegal connection”, he said.