Tuesday, 12 April 2011

Hasan Ali's bail hearing adjourned till tomorrow


Mumbai:  Pune-based stud farm owner Hasan Ali Khan's judicial custody was extended by a day today after a sessions court in Mumbai adjourned his bail hearing till tomorrow.

Khan is believed to have 8 billion dollars in black money in foreign bank accounts. He was arrested last month and moved to Mumbai from Pune, where he is known for his lavish cars, homes, horses and parties.

He has been asked to pay Rs. 70,000 crore as a penalty for tax evasion, but his lawyer claims that he is innocent of all the charges against him.

He is currently lodged in the high-security Arthur Road jail in Mumbai.

The Supreme Court has referred repeatedly to the government's inaction against Khan in the context of a case that it is hearing on black money. The Public Interest Litigation (PIL) filed by former Law Minister Ram Jethmalani among others asks the government to recover crores of unaccounted-for money that has been stashed in foreign banks by Indians.

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