The court said it's difficult to ascertain if the documents relied by ED are genuine. ...
02:56 PM, Mar 11, 2011
Mumbai: In a huge embarassment for the Enforcement Directorate, a local court on Friday rejected its plea seeking remand of Hasan Ali Khan for his custodial interrogation in a money laundering case and granted bail to the controversial businessman. "No material evidence has been presented by the ED that shows any scheduled offence has been committed by Khan," Principal Sessions Court Judge M L Tahaliyani observed while rejecting the agency's...
02:32 PM, Mar 11, 2011
Mumbai: A sessions court is likely to decide on Friday whether to extend the remand of India's top known tax evader Hasan Ali Khan in the black money investigation case. Hasan Ali has been charged with laundering black money to tax havens overseas. The Enforcement Directorate has asked for a 14-day extension, claiming Khan is withholding information and not cooperating with the investigation On Thursday, the ED made a case...
09:53 AM, Mar 11, 2011
A Mumbai court will on Thursday decide whether or not to extend the remand of Hasan Ali. ...
10:38 AM, Mar 10, 2011
the Enforcement Directorate has written to many tax havens to expose the real investors in companies that won 2G licenses ...
09:06 PM, Mar 09, 2011
New Delhi: The Enforcement Directorate has sought a 14-day remand for India's biggest tax evader Hasan Ali Khan after he was taken into custody on Tuesday. CNN-IBN accessed the 8-page remand copy that says that statements of Hasan Ali, his former aide Kashinath Tapuriah and Phillip Anand Raj have been recorded. The ED alleges that Khan has not been cooperating with the investigations. It also alleges that Khan is associated...
07:25 AM, Mar 09, 2011
Watch the day's top stories on India @ 9 with Rajdeep Sardesai. ...
12:08 AM, Mar 09, 2011
On talking point, Rajdeep Sardesai asks that has the govt acted against Hasan Ali under pressure? ...
10:50 PM, Mar 08, 2011
Mumbai: Under investigation for black money and multiple accounts in tax havens for four years now, Hasan Ali Khan, India's top tax defaulter is finally behind bars. Hasan Ali will spend atleast the next 24 hours in the Enforcement Directorate's (ED) custody. Accompanied by an ED official, the billionaire defaulter was first being driven from his house in Pune in his Mercedes to his Peddar Road residence in Mumbai. His...
07:55 PM, Mar 08, 2011
Mumbai: Pune-based stud farm owner Hasan Ali Khan, arrested in connection with alleged massive money laundering, was on Tuesday produced before a court which remanded him in Enforcement Directorate's (ED) custody for a day. Principal Sessions Court Judge M L Tahaliyani Khan before whom 53-year-old Khan was produced on Tuesday afternoon adjourned the proceedings till Wednesday following differences over the issue of his jurisdiction. Khan was arrested by ED sleuths...
05:37 PM, Mar 08, 2011
New Delhi: The Supreme Court came down hard on the Central Government over the black money issue and the case of top tax defaulter Hasan Ali. The court on Tuesday asked the Government why Ali, who has been accused of massive money laundering, tax evasion, for having links with arm dealers and people linked to terror activities, should not be charged under the stringent anti-terror laws. The court asked why...
11:29 AM, Mar 08, 2011
New Delhi: India's top tax evader Hasan Ali has been arrested by the Enforcement Directorate late on Monday night after being questioned for over six hours. Ali was rushed to JJ Hospital after he complained of high blood pressure and kidney trouble on Tuesday. He will be produced in court on Tuesday. Ali is one of the main accused in a money laundering and tax evasion case. He reportedly has...
07:24 AM, Mar 08, 2011
New Delhi: Kashinath Tapuriah - once he was just known as late Priyamvada Birla's brother. Today, he is accused by the Enforcement Directorate to be the main associate of Hasan Ali Khan, the man allegedly responsible for India's biggest ever case of money laundering and black money accounts in tax havens. He was raided by the ED on Monday in Kolkata, after CNN-IBN exposed documents of bank transactions connecting him ...
06:40 PM, Mar 07, 2011
New Delhi: Tax defaulter Hasan Ali, accused of stashing black money abroad, has been detained in Pune by Enforcement Directorate officials. He was detained on Monday after a 14-member Enforcement Directorate team visited Ali's house in Pune to ascertain his whereabouts. The team also questioned Ali's Personal Assistant and a servant present in the house. He accompanied Enforcement Directorate officials in his own Mercedes Benz car along with his wife....
03:31 PM, Mar 07, 2011
New Delhi: The income tax department has issued a show cause notice to tax defaulter Hasan Ali, on non-payment of Rs 40,000 crore worth of tax dues. He has been given 15 days to reply. He has a bank account with Union Bank of Switzerland (UBS) in Zurich which has $8 billion stashed away. Ali has four other accounts in the same bank. Apart from that, he has another bank...
09:07 PM, Mar 04, 2011
New Delhi: The Income Tax department issued a showcause notice to India's biggest tax defaulter Hasan Ali for non payment of penalties worth 40,000 crore on Friday - just a day after the Supreme court pulled up the government for inaction. The Income Tax tribunal issued a showcause notice Hasan Ali asking why proceedings should not be initiated against him. He has been asked to reply to the notice within...
11:05 AM, Mar 04, 2011
New Delhi: The black money case has brought the focus back on Hasan Ali, a man known as the king of money launderers in India. Ali is under investigation by the Income Tax Department for laundering upto Rs 40,000 crore. CNN IBN unravels Hasan Ali's money trail, which is allegedly in bank accounts spanning from Switzerland to New York to Singapore and Dubai. Hasan Ali Khan - frequently seen on...
10:45 PM, Mar 03, 2011
New Delhi: The Supreme Court wants the Centre to explain why no action has been taken against India's biggest tax defaulter and alleged hawala operator Hasan Ali Khan so far. A bench of justices B Sudershan Reddy and SS Nijjar asked why Ali and other alleged black money launderers have not been interrogated under supervision of the Supreme Court. The court castigated the government for failing to interrogate Khan and...
03:18 PM, Mar 03, 2011
Mumbai: The Income Tax Department on Friday imposed a huge penalty of Rs 40,000 crore on businessman Hasan Ali Khan, a 56-year-old alleged stud-farm owner and one of the main accused in the multi-million dollar tax evasion and money laundering case. Hasan Ali on Friday presented himself before the Income Tax Department in Mumbai, after summon was issued to Hasan Ali by the Tax Department in connection with penalty proceedings...
06:45 PM, Feb 18, 2011
New Delhi: The government on Thursday assured the Supreme Court that it will announce names of people with black money after case is registered against them. The Supreme Court asked the government to ensure that Pune-based businessman Hasan Ali Khan, accused of stashing black money in foreign banks, does not leave the country. This was conveyed by the court to Solicitor General Gopal Subramanium during the hearing of a petition...
12:06 PM, Feb 10, 2011
