Hasan Ali to appear before ED on March 10

Pune-based stud farm owner Hasan Ali Khan will appear before the Enforcement Directorate (ED) on March 10 to tender evidence, his chartered accountant Sunil Shinde said here on Friday. This is in response to fresh summons issued against Mr. Khan, who has allegedly stashed away $ 8 billion in foreign banks.

The summons come a day after the Supreme Court lashed at the Union government for inaction on the black money issue. Following this, the ED issued a “look out” circular against Mr. Khan earlier in the day.

Mr. Shinde told journalists that Mr. Ali was asked to submit copies of all the pages of his passport and details of ancestral property involved in litigation. Asked about Mr Khan's whereabouts, the auditor said he was in Mumbai undergoing medical treatment.

The charges of money laundering against Mr. Khan are being probed by the ED, the Income-Tax Department and the Maharashtra Economic Offences Wing.

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Printable version | Apr 23, 2021 7:52:52 AM |

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