High Court Kerala High Court

Thedirectorate Of Enforcement vs K.Veerankutty on 20 August, 2008

Kerala High Court
Thedirectorate Of Enforcement vs K.Veerankutty on 20 August, 2008
       

  

  

 
 
  IN THE HIGH COURT OF KERALA AT ERNAKULAM

MFA.No. 662 of 2003()


1. THEDIRECTORATE OF ENFORCEMENT,
                      ...  Petitioner

                        Vs



1. K.VEERANKUTTY, KEEZHISSERIL HOUSE,
                       ...       Respondent

                For Petitioner  :SRI.P.K.RAMKUMAR

                For Respondent  :SRI.R.RAJESH KORMATH

The Hon'ble MR. Justice J.B.KOSHY
The Hon'ble MR. Justice THOMAS P.JOSEPH

 Dated :20/08/2008

 O R D E R
         J.B.KOSHY & THOMAS P. JOSEPH, JJ.
                  -------------------------------
           M.F.A. (FERA).NO.662 OF 2003 (E)
                -----------------------------------
        Dated this the 20th day of August, 2008

                      J U D G M E N T

KOSHY,J.

One K.Ahamed Kunhi’s residence was searched and

unaccounted money was seized. It has come out from the

statement of K.Ahamed that he has distributed about Rs.40

lakhs as compensation amount on behalf of one Sheik Ahamed

Haji, who is doing business in Abudhabi. According to his

statement, out of the Rs.40 lakhs, Rs.26 lakhs was received

from various unknown persons and Rs.14 lakhs was received

from K.Veerankutty, respondent in this case, at the

instructions of Sheik Ahmed Haji. The sum and substance of

the statement of Veerankutty was that Sheik Ahmed Haji is

his father-in-law and Rs.14 lakhs entrusted by him was given

to Syed Alavi Haji as instructed by the father-in-law. He is not

aware how the amount is due to Syed Alavi Haji and how Haji

is going to spent that money. Syed Alavi Haji and

Veerankutty were arrested by the Special Director of

Enforcement Directorate (FERA) and a penalty of

Rs.8,50,000/- was imposed on Sri.Syed Alavi Haji and

MFA.662/03 2

Rs.4 lakhs was imposed on Veerankutty. Veerankutty filed

an appeal. Penalty was imposed under Section 9 (1) (b) and 9

(1) (d). The respondent’s contention was considered by the

appellate tribunal. Mainly it is contended that his statement

was obtained by coercion. It is also contended that he was not

aware how the money is being used. He only handed over the

money given to him by his father-in-law as instructed by him.

Tribunal reduced the fine after considering the facts and

circumstances of the case. The Tribunal did not hold that

Veerankutty is not guilty because he has no mensrea or has

retracted his statement as contended by the appellant. But

considering the circumstances and the role played by

Veerankutty, penalty was reduced. We are of the opinion that

it is a discretionary order by the Tribunal and no question of

law is involved in this appeal, and hence, this appeal is

dismissed.





                                        J.B.KOSHY, JUDGE




                            THOMAS P. JOSEPH, JUDGE
prp

MFA.662/03    3

   J.B.KOSHY & K.P.BALACHANDRAN, JJ.




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M.F.A.NO. OF 2006 ()

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J U D G M E N T

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4th August, 2008