Documents given by ED available on the Net: Court
In a huge blow to the Enforcement Directorate, Hasan Ali Khan, who allegedly laundered US$ 8 billion, was granted bail on Friday after the ED failed to produce a single authentic document to prosecute Khan.mumbai Updated: Mar 12, 2011 01:08 IST
In a huge blow to the Enforcement Directorate (ED), Hasan Ali Khan, who allegedly laundered US$ 8 billion, was granted bail on Friday after the ED failed to produce a single authentic document to prosecute Khan.
The nail in the coffin came when the court remarked that the documents submitted by the ED were available even on the Internet.
“I have noticed that the documents are available on Wikipedia, so it cannot be considered confidential,” the court said.
The ED had been relying on the 168 pages it submitted to the court stating they were confidential.
ED alleged that Khan was connected with international arms dealer Adnan Khashoggi and Khan had transferred US$ 500 million to his account, but had no document to support the claim.
The court also noted that the investigators had not yet verified if the documents pertaining to his US$ 8 billion worth of black money were genuine or created for some other purpose.
In conclusion, the court ruled that the ED did not even believe the genuineness of the communication sent from the Bank UBS Zurich.
The court ruled that the agency had failed to prima facie make out a case against Khan.
“Despite a marathon argument by the ED prosecutor, it has not been able to demonstrate what offence has been committed,” the court said.