A special Prevention of Money Laundering Act (PMLA) court here has issued summons to two former officials of UBS, Switzerland in the Hasan Ali Khan case.
Sources in the Enforcement Directorate [ED], which is investigating the charges of massive money laundering against the Pune-based businessman and his associate Kashinath Tapuriah, told The Hindu on Monday that the court may soon issue more summons against many other foreign officials of the UBS, Credit Suisse and Bank Sarasin.
“The court has issued summons to Prabhu Guptara and Peter Weilly, former employees of UBS, Switzerland, under section 59 of PMLA. They have been directed to appear before the court in the second week of April,” ED sources said.
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The summons will be served on them through the competent authorities in Switzerland, sources said.
Guptara is a former Executive Director of Organisational Development, Wolfsberg (a subsidiary of UBS) and Weilly is the former employee of the bank.
“Both of them used to handle Hasan Ali's UBS account,” an ED official said, adding that the agency wanted them to give the details of the transactions in the bank account.
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Guptara's name had figured earlier too in the investigation, especially when the ED had questioned one Switzerland-based hotelier Philip Anandraj, who the agency claimed, had allegedly handed over a sealed envelope containing the notarised document with details of Khan's financial transactions and links with international arms dealer Adnan Khashoggi, to Guptara.
Guptara has, however, denied the charges.