Kochi: It is to be noted that all accused arrested in the gold smuggling case hav'nt tried to destabilise India’s economy, the NIA court said. The court pointed out that the case diary does not have facts to substantiate that all accused had terrorist links.

The NIA court granted bail to 10 of the accused. The court denied bail pleas of 7th accused Muhammad Shafi, 12th accused Muhammad Ali and 13th accused K. T. Sharafuddin. Prosecution had pointed out that the trio were directly involved in the case in which terrorist links are alleged. Meanwhile, first and second accused Swapna Suresh and P. S. Sarith withdrew their bail pleas.

The court granted bail under strict conditions to 8th accused Saidalavi, 9th accused P. T. Abdu, 11th accused Muhammadali Ibrahim, 14th accused Muhammad Shafeeq, 16th accused Muhammad Anwar, 19th accused K. Hamjad Ali, 21st accused C. B. Jifsal, 22nd accused Aboobacker, 23rd accused Muhammad Abdul Shameem and 24th accused Abdul Hameed. They have been granted bail on a bond of Rs 10 lakh and surety of two persons.

There is evidence that the accused invested in gold smuggling. But there is no proof that it came from terrorist forces. There is no proof that money gained from the smuggling was used for terrorist activities, the NIA court said. The court added that the investigation agency was moving in the right direction.