ADVERTISEMENT

Money laundering accused Hasan Ali hospitalised in Mumbai

ADVERTISEMENT
Pune-based businessman Hasan Ali, accused of stashing away $ 8 billion of unaccounted money in foreign banks, was today admitted to government-run J J Hospital here after he suffered a paralytic attack this morning.
 
His lawyer Ishwar Prasad Bagaria confirmed the news.
 
The businessman owes Rs 50,345.73 crore in taxes for assessment year 2009-10. He and his associates were booked under money laundering charges earlier this year and they will now have to pay the government Rs 89,000 crore, including penalties. 
 
Khan is being investigated by the the Enforcement Directorate and Income Tax Department as well for tax evasion. 
 
NNN
ADVERTISEMENT
© Copyright 2012 NetIndian. All rights reserved. Republication or redistribution of NetIndian content, including by framing or similar means, is expressly prohibited without the prior written consent of NetIndian Media Corporation. Write to info[AT]netindian[DOT]in for permission to use content. Read detailed Terms of Use.