Bombay HC questions Hasan Ali’s source of wealth

Bombay High Court on Friday questioned the source of wealth of Pune-based businessman Hasan Ali Khan, arrested in a money laundering case by the Enforcement Directorate (ED). Additional Solicitor General Darius Khambatta, appearing for the ED, submitted information about the transactions allegedly made by Hasan and his aide Kashinath Tapuriah (also arrested in this case) with international arms dealer Adnan Khashoggi. He said, ED has more than prima facie evidence against Hasan Ali now, Ali has financed Khashoggi on several occasions.Ali has admitted to ED that he has several accounts in foreign banks, he has not yet revealed from where he got such a huge amount, Khambatta said. To the court's question what prevents the ED from getting records of accounts from the foreign banks, Khambatta said, Letters Rogatory have been issued to several countries seeking information and replies are awaited.Khambatta said the agency had already collected several notarized documents to prove the transactions.The court will continue the hearing on Monday.