Apex court to decide Hasan Ali's bail cancellation plea on 29 Sept

New Delhi: The Supreme Court today fixed 29 September as the date to pronounce its verdict on the Centre’s plea seeking cancellation of the bail granted to Pune-based stud farm owner Hassan Ali Khan accused of money laundering. A bench of justices Altamas Kabir and S S Nijjar reserved the order on the petition filed by Enforcement Directorate challenging the 12 August order of the Bombay High Court granting bail to Khan.[caption id=“attachment_88288” align=“alignleft” width=“380” caption=“Supreme Court of India. Reuters”] [/caption] The apex court had on 16 August stayed the bail granted to Khan. It has been contended government had sufficient evidence to prove that Khan had several foreign accounts and illegal money to the tune of over $93 million stashed abroad. Khan has refuted the allegations saying the probe agency failed to come out with evidence against him. ED had said a letters rogatory had been sent to several countries for obtaining more information on his allegedly illegal money said to be part of money laundering activities. Khan has been accused of holding two forged passports and ED has contended granting bail would help him flee from the country. The court had passed the order on a petition filed by Enforcement Directorate challenging the high court’s order granting bail to Khan who has been accused in various money laundering cases. The agency, in its petition, alleged various transactions led by Khan through his foreign bank accounts reveal his association with international arms dealer Adnan Khashoggi. It had alleged that in 2003, $300 million was apparently received by Khan from Khassogi from weapon sales. PTI