The Supreme Court on Tuesday issued notice to the Enforcement Directorate on a bail petition filed by Pune-based businessman Hasan Ali Khan, detained in 2011 under the provisions of Prevention of Money laundering Act.
A Bench of Justices V Gopala Gowda and A K Goel issued notice after hearing senior counsel V. Giri, appearing for Khan submitted that his client had been in jail for about 3 ½ years as against the maximum punishment of seven years imprisonment if he was convicted. The Bench asked the ED to reply in three weeks.
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The Centre had detained Khan on the ground that he had huge funds in his accounts to the extent of $ 800 million with a bank outside India and various transactions through his foreign bank accounts revealed his association with international arms dealer Adnan Khashoggi.
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