New Delhi: The police on Saturday served a notice to Pune-based businessman Hasan Ali Khan, who is at the centre of a multi-crore money laundering racket, and asked him to present himself before the Crime Branch by Monday.
"We served him a notice asking him to produce himself before the Crime Branch at a time convenient to us," PTI quoted Crime Branch Inspector Bhanupratap Barge as saying.
The Crime Branch team served the notice when they visited Khan's house in Koregaon Park in Pune on Saturday evening. His wife and some other members of the family were present in the house.
"Rema Khan, his wife, who received the notice, said she will inform her husband about it. The family members fully cooperated with us during our brief stay at their flat," PTI quoted Barge as saying.
The Income Tax department claims to have traced unaccounted wealth valued at Rs 35,000 crore to accounts operated by a Hasan Ali Khan.
The I-T department conducted raids on Ali's residence in Koregaon area of Pune on January 5, and found details of his accounts on computers. Coordinated raids were also conducted across Mumbai, Hyderabad and Bangalore where Ali owns properties.
The department then informed the Central Board of Direct Taxes and the Finance Ministry and the Enforcement Directorate (ED) was brought into the case. ED officers then went to Switzerland and froze seven out 10 accounts allegedly operated by Ali.
The matter is still under investigation and the Central Bureau of Investigation and Research of Analysis Wing (RAW) have been roped in to carry forward the probe. A money laundering case has also been registered in Pune.
Who is Ali?
According to sources, Ali hails from Hyderabad and is a prominent businessman in Pune. He owns a stud farm, deals in export of purebred horses and is an active member of Pune's derby circuit.
Ali also owns property valued at thousands of crores in Pune. These include a building called 'Tulips' and a bungalow. Investigators suspect Ali could be a big player in the Hawala circuit as well.
| HAUL OF FAME | |
 Officials of the Income Tax Department and Enforcement Directorate are preparing to get the Swiss bank lockers of Pune horse owner Hasan Ali opened. | |
| Allegations are flying thick and fast that Hasan is acting as a front man for a host of politicians, industrialists and film financiers and laundering money. | |
| Sources in the I-T and ED departments say Ali's financial transactions could be spread over in a couple of countries and the turnover of the transactions could be anywhere between Rs 20,000 and Rs 35,000 crore. | |
| Sources said officials were preparing to go to Switzerland as they were confident of getting the bank lockers opened because they have "sufficient proof" of the "dubious sources" of Ali's bank accounts there. | |
| Ali's lawyer Viraj Kakade also denied allegations against the Pune businessman and said he had no no Swiss bank account and his business rivals could be behind them. |
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