The Pune stud farm owner under arrest on money laundering charge, is 'stalling' the investigations by not disclosing details of transactions in his foreign accounts, the Enforcement Directorate has told a court.
Hasan Ali Khan, the Pune stud farm owner under arrest on money laundering charge, is "stalling" the investigations by not disclosing details of transactions in his foreign accounts, the Enforcement Directorate has told a court.
In its remand application submitted to the court, the ED has said though Khan had admitted to have opened a large number of foreign accounts, he did not explain why these were opened and what transactions took place.
The sessions court is likely to take up the application for extension of Khan's judicial custody tomorrow.
The document claimed Khan had also admitted to have dealt with antique jewellery belonging to the family of the erstwhile Nizam of Hyderabad and earned Rs40 to Rs50 lakh. However, he has not divulged the details of the source of these antiques which needed to be probed further, it said.
The ED said co-accused Kashinath Tapuriah had said Khan had informed him that he had lockers in UBS, Zurich, containing a lot of antique jewellery, some of which were very rare. Philip Anandraj, an aide of Khan, had also said Khan had told him that he had a locker at the UBS and asked him (Anandraj) if he could obtain another one in the same bank so that he could transfer the contents in the new locker.
The ED also said it has summoned Amelndu Kumar Pandey, a Congress politician from Bihar, who allegedly helped Khan obtain passport from Patna passport office by fabricating documents. Summons to Pandey has already been sent and he is likely to appear on April 14.
"It is necessary to confront Khan with Pandey to unearth the transactions undertaken by Khan in Singapore and the reasons for obtaining a second passport from Patna."
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