By IANS,
New Delhi : The government is examining the black money deposits of absconding multi-millionaire Pune businessman and stud farm owner Hasan Ali in Swiss banks, said Finance Minister Pranab Mukherjee Tuesday.
“We are examining the case and the investigation is going on,” said Mukherjee while addressing reporters here.
Ali, 55, was on the watch list of the Enforcement Directorate (ED) for alleged involvement in a Rs.100 billion ‘hawala’ (illicit money transfer) scam. It registered a case against Ali in January 2007.
Ali was also under the scanner of Mumbai Police, the Income Tax department, the Securities and Exchange Board of India (SEBI), the Reserve Bank of India (RBI) and the ministry of external affairs (MEA) through its passport offices in different cities.
Last year he was arrested and sent to jail for holding three fake passports which were acquired from Mumbai, Hyderabad and Patna.
He had applied for two more passports from Chandigarh and Guwahati, following which a case was registered early 2008.