However, the NIA opposed Rashid’s bail plea.
It said that the charges against him are serious and there is sufficient evidence against Rashid to show he was prima facie guilty.
It also pointed out that the trial court has framed charges against him. The agency also alleged that Rashid had attempted to influence a protected prosecution witness in this case who later turned hostile.
However, the Court asked the NIA counsel take instructions on whether Rashid could be released subject to strict conditions.
The matter will be heard next on November 3.