The ED has issued fresh summons to Qureshi in a money laundering case after he managed to travel abroad despite a look-out circular against him.
The Enforcement Directorate (ED) is planning to take action against meat exporter and alleged hawala trader Moin Qureshi, as he has not yet returned to India after managing to fly abroad. ED sources said that Moin was supposed to return to the country by 22 October. However, immigration sources confirmed to DNA that Qureshi had not come back yet.
On the night of October 14, Qureshi was stopped at the Delhi airport by the Immigration Department on the basis of the ED look-out circular against him in connection with a money laundering case. However, he managed to leave for Dubai after showing the immigration officials a court order of another Income Tax case in which there were no restrictions placed on him flying abroad. The immigration informed the ED, but allowed him to go before the ED investigating team arrived.
The ED is now planning further action against Qureshi, suspecting that he might not return, like Vijay Mallya. Usually, the agency issues summons in such cases and on refusal to make a personal appearance, approaches court for a non-bailable warrant.
Meanwhile, the MHA is enquiring into the reasons as to why and how Qureshi was allowed by the immigration department to go abroad.
Accused of laundering over $100 million across the world through various channels – most notably his Pakistani wife Nasreen's blood relatives and business associates – Qureshi had been booked by the Enforcement Directorate under the Prevention of Money Laundering Act (PMLA) in 2015. Qureshi had also been facing I-T charges of black money for not disclosing income of Rs 20 crore.
If the ED is able to establish charges against Qureshi, he could face a maximum of 10 years in prison. However, given Qureshi's influential links with the who's who of Indian politics and business, the ED faces a gargantuan task. A lot of big fish have been linked to Qureshi – including prominent politicians of the ruling dispensation.
In April 2015, the Income Tax department had handed over a dossier to the ED, giving details of Qureshi's foreign accounts and his several hawala routes to amass wealth disproportionate to his income. The Income Tax authorities had raided Moin Qureshi house in February last year and seized more than Rs 20 crore cash and a large quantity of jewellery from seven vaults.
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
 "Moin Qureshi")
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
)
){kind=small}
){kind=small}
)
)
)
)
)
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}