Mumbai: Special NIA Court Rejects Shabbir Shaikh’s Discharge Plea In D-Company Terror Financing Case

Mumbai, October 27, 2026: The special NIA court has denied bail to Shabbir Shaikh, who is accused of ties to the D-Company and a terror financing case. Shabbir is the brother of Arif Shaikh, a relative of Chhota Shakeel, and they allegedly transferred significant funds to the D-Company through hawala channels. The court, while rejecting his discharge, stated that the evidence was strong enough to proceed with the trial against him.

Identification by Hawala Operator's Employee The court highlighted that Shabbir was recognized by a hawala operator's employee as the recipient of Rs 25 lakh allegedly sent by Chhota Shakeel from Pakistan through Dubai to Surat and then to Mumbai via a hawala transfer. Legal Challenges to Shabbir's Release Shabbir's attorney, Sandeep Karnik, requested his release, contending that no specific or substantial role was attributed to him.

He argued that the prosecution's case relied on information from February 2020, which claimed certain D-Company members planned a major operation in Mumbai, but they could not prove his involvement. NIA Challenges the Discharge Plea Shabbir's plea was opposed by NIA prosecutor Umeshchandra Yadav, who stated that Shabbir, along with two others, was following the orders of Dawood Ibrahim and Chhota Shakeel.

They were allegedly active in Mumbai to instill fear and extort money from prominent figures. Accepting the Prosecution's Case The court accepted the prosecution's assertions and refused to grant Shabbir bail.