Mumbai: The Enforcement Directorate was
on Wednesday rapped by a Mumbai court for not doing its homework and
making a proper case against Pune-based stud farm owner Hasan
Ali Khan for his custody on money laundering charges.
"You have not been able to make any case and you want
me to hear you. If you want to do some homework, you can take
time," Principal Sessions Court Judge M L Tahaliyani sternly
told the ED while adjourning the hearing.
53-year old Khan, a real estate consultant and owner
of race horses, was arrested on Monday midnight under the
Prevention of Money Laundering Act after prolonged searches at
his premises in Pune and here and sustained interrogation.
He is alleged to have stashed over 8 billion USD in
Swiss Banks besides having links to international arms dealer
Adnan Khashoggi. Khan is also facing charges of tax evasion of
over Rs 40,000 crore.
Khan has claimed that he has not done anything wrong
and dismissed reports of having stashed huge amounts in Swiss
Taking note of reports of Khan`s alleged links with
arms dealers and people associated with terror activities,
the Supreme Court had yesterday asked the Centre to consider
whether he could be booked under the anti-terror law.
The bench had suggested invoking of anti-terror laws
like Unlawful Activities Prevention Act and other stringent
provisions of the Indian Penal Code owing to Khan`s alleged
links with various arms dealers including Adnan Khashogi and
terror-related activities, impinging national security.
Despite ED having moved the remand application
yesterday, it was not heard by the Mumbai court which raised
the issue of jurisdiction before going ahead with the
Judge Tahaliyani while raising the question of
jurisdiction had said that the matter should have been first
brought before a magistrate.
Public Prosecutor N Punde had contended that under the
Prevention of Money Laundering Act, a special court was
empowered to conduct the proceedings and hence he had the
Defence counsel I P Bagadia too concurred with the
view, but the Principal Judge had adjourned the hearing till
today to decide the question.