The Supreme Court on Monday asked the Enforcement Directorate (ED) to respond to a plea that businessman Hasan Ali Khan, against whom the department has registered a complaint under the FEMA for stashing money in foreign banks, should have been interrogated in custody.
The plea was made by senior advocate Ram Jethmalani and others who had filed a PIL accusing government of inaction in bringing back black money stashed in foreign banks.
The bench comprising Chief Justice K G Balakrishnan and Justice P Sathasivam asked Solicitor General Gopal Subramaniam to respond within two weeks on behalf of the ED and listed the matter after three weeks.
The Solicitor General said that he would seek instructions and respond to the comments made by the petitioners relating to the complaint lodged against Khan, a Pune-based businessman, by the ED.
Senior advocate Anil Divan, appearing for Jethmalani said the complaint filed on December 22, 2008 by the Assistant Director of the ED against Khan showed that on December 8, 2006, Khan had an amount of over USD 8 billion in his account with UBS AG, Zurich.
This amount, he said, was equivalent to Rs 36,000 crore.
Divan submitted that vigorous investigations could have been undertaken into this aspect.