Enforcement Directorate raids residence of Hasan Ali’s accountant

March 23rd, 2011 - 5:56 pm ICT by ANI  

Pune, Mar 23 (ANI): The Enforcement Directorate (ED) on Wednesday carried out searches at the residence of Sunil Shinde, the chartered account of stud farm owner Hasan Ali Khan, who is alleged to have stashed away over eight billion dollars in Swiss banks.

According to reports, the probe agency is conducting searches at the Pune residence of Shinde, who has been Ali’s accountant since 2007, since morning.

The Supreme Court had on Monday extended Hasan Ali’s custody with the Enforcement Directorate by three more days.The apex court had on earlier on March 17 granted a four-day custody of Hasan Ali to the probe agency.

The apex court bench had earlier reproached the Centre for failing to subject Khan and other alleged money launderers to custodial interrogation.

The Enforcement Directorate arrested Ali in Mumbai on March 7 under the Prevention of Money Laundering Act. He has also been accused of forging documents to acquire multiple passports.

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

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