The extension came as Qureshi was presented before the Central Bureau of Investigation (CBI) Special Judge Arun Bhardwaj after expiry of his 14 day judicial custody.
Qureshi was arrested on August 25 by the Enforcement Directorate, which had registered a case against him last year under the Prevention of Money Laundering Act for alleged illegal forex dealings and tax evasion.
According to the agency, Qureshi was being investigated for allegedly remitting funds through hawala channels to Dubai, London, and a few other destinations in Europe.
The ED said that during the course of investigation, certain facts had emerged that constituted omission and commission of certain acts on the part of certain public servants holding high offices in collusion with Qureshi, whereby massive illegal money transactions were carried out.
The agency also said that the records collected from the Income Tax Department had revealed that Qureshi took huge money from different persons for obtaining "undue favours from public servants" after exercising his personal influence.
Qureshi has denied the charges.
(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)
About VDC
Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.