Facing 15 Charges, Chandra Dip Admits Guilt in Money Laundering Case

In a turn of events, Chandra Prakashsing Dip, son of the former Police Commissioner Anil Kumar Dip, has admitted guilt in a case of money laundering. On Wednesday, 9 April 2025, Chandra Prakashsing Dip, alongside his co-defendants Darmendra Mulloo, Sheik Mohammed Khadafi Jany, and Muhammad Saif Ullah Maulaboksh, each conceded to their charges, marking a significant moment in this serious legal battle.

Chandra Prakashsing Dip faces an alarming 15 charges, while Darmendra Mulloo stands confronted with a staggering 156 allegations.

Sheik Mohammed Khadafi Jany is implicated in 2 counts of money laundering, and Muhammad Saif Ullah Maulaboksh is burdened with 16 charges.

In contrast, Muhammad Irfaan Hausmuddy has denied culpability, facing a total of 35 counts of electronic fraud along with a money laundering charge.

The prosecution maintains that these financial crimes took place at the expense of Bramer Banking Corporation Ltd (BBCL) between January and August 2011—a period marked by alleged deceit and financial malfeasance.

The proceedings are set to unfold further, with witness testimonies commencing on Thursday, 10 April 2025, in the Financial Crimes Division.

This trial is being overseen by Magistrate Abdool Raheem Tajoodeen, as the weight of the accusations looms heavily over all involved.

Source: Defi Media