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Black money: Hasan Ali sent to judicial custody till April 8

The Pune-based businessman is facing tax evasion and money laundering charges.



Mumbai: Pune stud farm owner Hasan Ali
Khan Friday alleged that he was getting threats from Kolkata
businessman Kashinath Tapuria, a co-accused in the money
laundering case, after he was remanded in judicial custody by
a sessions court till April 8.

Outside the court, Khan told reporters that he was
getting threats from Tapuria, his alleged associate in money
laundering activities.

Khan also alleged that he was being framed in the case
by Tapuria, who was arrested yesterday by the Enforcement
Directorate (ED).

Clad in white kurta-pyjama, 53-year-old Khan was
produced before Principal Sessions Judge Swapna Joshi who
remanded him in judicial custody after ED counsel Ujjwal Nikam
submitted that they did not need Khan`s custody at this
moment.

Nikam contended that the ED reserved the right to press
for his custody at a later date. This was opposed by Khan`s
lawyer I P Bagadia.

However, the court said the issue could be decided
later and as of now the accused was being remanded in judicial
custody for 14 days.

Khan was taken into custody by the ED on March 17 after
the Supreme Court cancelled the bail granted to him by a trial
court. On March 21, the apex court had ordered his custody to
the ED for an additional three days.

The ED has questioned Khan, facing close to Rs 70,000
crore tax demand notice from the Income-Tax Department, with
regard to his past trips to various countries and his business
dealings within the country.

Tapuria was arrested in Mumbai yesterday after three
days of questioning. He had earlier denied having any links
with Khan.

Tapuria was later produced before a Mumbai sessions
court which remanded him in ED custody till March 30.

A Mumbai court had on March 11 rejected the ED`s plea for
custodial interrogation of Khan on the ground that the agency
had not gathered sufficient evidence or made any case to
justify its plea for Khan`s custodial interrogation.

The apex court had on March 17, while directing Khan`s
custodial interrogation, criticised Mumbai Principal Sessions
Judge M L Tahaliyani`s order of granting bail to Khan, saying
it was "deeply disturbed" over the manner in which the trial
court judge had rejected the ED`s contention and given a
lengthy order for it.

The ED had told the apex court that it was in possession
of incriminating evidence against Khan showing that he has
stashed huge amount of black money in various banks abroad.

It alleged Khan had withdrawn about 60,000 dollars from a
Swiss bank and cited communications from Swiss official
sources to back its allegation.

PTI

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