Black money case: Hasan Ali Khan detained by Enforcement Directorate

March 7th, 2011 - 7:36 pm ICT by ANI  

Pune, Mar 7 (ANI): The Enforcement Directorate (ED) detained stud farm owner Hasan Ali Khan, who is alleged to have stashed away over eight billion dollars in Swiss banks, for questioning here on Monday.

Earlier today, two teams of Enforcement Directorate officials from Mumbai searched Khan’s residence in the Valentine Society of the posh Koregaon locality.

He has been summoned by the ED to appear in person for investigations under the Prevention of Money Laundering Act on March 10.

The Income Tax Tribunal had on March 4 issued a showcause notice to Hasan Ali Khan.

The Supreme Court had come down heavily on the Centre at an hearing in the case last week for failing to crack the whip on black money hoarders and ordered forthwith reinstatement of three key ED officials allegedly transferred midway into the probe in a case of foreign exchange law violation by Ali.

A bench of Justices B Sudershan Reddy and S S Nijjar had also indicated that if the government fails to act, it would be compelled to appoint a special officer for supervising the probe against the offenders.

The court also wanted to know what prevented the government from subjecting Ali and other alleged black money launderers to custodial interrogation.

Expressing its disappointment, the bench remarked: ” There are instances when minor offenders are shot down for violating Section 144 CrPC, but you don’t take any action against these people. We are very sorry. All these people are now free.”It then said it was unfortunate that the three key officials of the Enforcement Directorate investigating the black money scandal had been transferred midway into the investigation.

The bench has granted the Center time till tomorrow to file its response failing which it said the court would be forced to pass necessary orders.

While hearing a petition filed by noted lawyer Ram Jethmalani and some former bureaucrats, on the issue of black money stashed abroad by Indians and its repatriation, on February 10, the apex court had asked the government to ensure that Khan does not leave the country. (ANI)

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