Iqbal Kaskar, brother of underworld figure Dawood Ibrahim, has been denied bail in a money laundering case by a special PMLA court, which emphasized that trial delays do not justify bail. Kaskar was arrested in 2017 for extortion and taken into ED custody in February 2022 for his involvement in laundering over Rs 1 crore. The court highlighted the necessity of thorough investigations to prevent wrongful accusations and ensure that actual culprits are held accountable. Kaskar's legal team argued for bail based on trial delays and insufficient evidence, but the court maintained that ongoing investigations were crucial. The case centers around allegations of extortion linked to real estate transactions and Kaskar's connections with organized crime. Meanwhile, the ED continues to investigate the flow of illegal funds associated with Kaskar's actions.