India, May 3 -- The Bombay High Court on Friday granted bail to Iqbal Kaskar, brother of fugitive underworld don Dawood Ibrahim, in a money laundering case registered by the Enforcement Directorate (ED). The case stemmed from a 2017 extortion complaint, and the High Court's order effectively clears the path for Kaskar's release, as it was the last pending matter keeping him behind bars.

A special MCOCA court had acquitted Kaskar on April 26 in the original extortion case, which formed the predicate offence for the ED's probe under the Prevention of Money Laundering Act (PMLA). The extortion complaint had alleged that in 2017, Kaskar and his associates extorted Rs.30 lakh in cash and a flat worth Rs.60 lakh in the Neopolis building in Tha...