In a new twist to the money laundering case against alleged hawala operator Hasan Ali Khan, the Enforcement Directorate (ED) has written to the Finance Ministry claiming it has found a new trail of foreign accounts belonging to him which has not been probed earlier.
The move comes less then a month after the UPA government gave a virtual ‘clean chit’ to the Pune-based stud farm owner, claiming the tax evasion case against Mr. Khan would not stand judicial scrutiny.
In January 2007, the Mumbai wing of the Income-Tax department had raided Mr. Khan’s Koregaon Park residence in Pune and seized photocopied documents that allegedly showed that he had $ 8.04 billion in foreign accounts.
Subsequently in March, 2011, the Mumbai wing of the ED arrested him under the Foreign Exchange Management Act on money laundering charges. Since then he has been lodged at Arthur Road jail.
