Dubai: A total of 10 lakh Dirhams (around Rs 2 crore) was deposited as security in Ajman court to bail out Thushar Vellappally in connection with a cheque bounce case. NRI businessman M. A. Yusuff Ali deposited the amount and helped the BDJS leader.
Though he was bailed out, Thushar will not be able to return to India soon. Along with the money, Thushar’s passport was also surrendered in the court. He has to appear before the court on the next working day in UAE which is on Sunday.
Thushar said he would face the case legally. “It was an attempt to swindle money from me using a cheque book that is 10 years old. I doubt even one of my signatures in the cheque was forged. Whatever the case, I will not be subject to blackmail and will not settle the case by providing money,” he added.
“I am not running any business here. I have only some land here. When some people offered a good price for the plot, I agreed to discuss it. They told me to meet them at the hotel where I am staying. Soon after they came in, two CIDs followed and arrested me,” Thushar said.
Thushar also said that he is happy for the support received from M. A. Yusuff Ali, Kerala Chief Minister and the central government and that they all intervened in the issue as they were convinced that it was a fraud case.