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Delhi-NCR The Hindu Delhi • Oct 24, 2026

Delhi Court Orders Trial of Yasin Malik and Engineer Rashid in PMLA Money Laundering Case

💡 Key Takeaways

•A Delhi court has ordered the formal trial of Yasin Malik, Engineer Rashid, and five others in a high-profile money laundering case.
•The legal proceedings are grounded under the Prevention of Money Laundering Act (PMLA) after the court found sufficient material to raise a strong suspicion against the accused.
•The Enforcement Directorate alleged that proceeds of crime amounting to ₹8.94 crore were generated, routed, and utilized by the accused through various financial channels.

NEW DELHI [NCRBuzz Wire] — ### Judicial Proceedings Initiated Under PMLA

NEW DELHI [NCRBuzz Wire] — A designated Delhi court has ordered the formal trial of Yasin Malik, Engineer Rashid, and five other co-accused individuals in a high-profile money laundering case. The legal proceedings advance following judicial reviews holding that sufficient material exists on record to establish a strong suspicion against the accused under the Prevention of Money Laundering Act (PMLA).

### Financial Investigation and Enforcement Directorate Findings

The Enforcement Directorate (ED) has alleged that proceeds of crime amounting to ₹8.94 crore were generated, received, routed, transferred, concealed, possessed, acquired, and utilized by the accused through various financial networks and channels. The statutory investigation stems from comprehensive counter-terror funding probes directed at dismantling financial apparatuses supporting unlawful operations in the region.

### Next Steps in the Judicial Process

With the formal framing of trial orders completed, the court will proceed with scheduling evidentiary hearings and witness examinations. The accused individuals maintain their legal representation to contest the charges brought forward under the statutory provisions of the PMLA framework.

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🏛️ Background Context

The case stems from comprehensive counter-terror and financial investigations into networks supporting destabilizing activities in Jammu and Kashmir. The Enforcement Directorate utilized statutory provisions under the Prevention of Money Laundering Act (PMLA) to track specific fund flows, leading to prosecution complaints and subsequent framing of trial orders by the special court.

💡 Citizen & Commuter Quick Explainer (FAQ)

Q1: What is the total proceeds of crime alleged in the case?

The Enforcement Directorate has alleged that proceeds of crime amounting to ₹8.94 crore were generated and received by the accused.

Q2: Who are the primary accused facing trial?

Yasin Malik, Engineer Rashid, and five other individuals have been ordered to stand trial by the Delhi court.

Q3: What is the immediate next legal step in the proceedings?

The special court will formally frame charges against the accused and schedule dates for recording prosecution evidence.

Verified Wires: The Hindu Delhi, Hindustan Times India Politics Original Wire Dispatch ↗

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