The Enforcement Directorate (ED), Mumbai, on Thursday, attached properties worth Rs50 crore belonging to Pune businessman Hasan Ali Khan and his aide Kashinath Tapuriah, including their flats, horses and expensive cars.
The properties were attached under the Prevention of Money Laundering Act (PMLA). The action comes a month after show cause notices were sent to Khan, Tapuriah and their other aides asking why their properties should not be attached.
Among the attached properties include Khan’s two residential premises, six cars, 32 horses and Tapuriah’s bungalow. This means the two will not be able to sell or lease these properties. The ED then can gradually move for auction of the properties and cars. The order to attach the properties was passed by a deputy director of ED.
An ED official requesting anonymity said Khan’s properties attached include a 2,000 sq ft flat in Anand Darshan building at Peddar Road (worth Rs12 crore) and a 10,000 square feet property spread on ground plus two floors in Tulip building at Koregaon Park in Pune (worth Rs10 crore). Khan’s 3 Mercedes, 1 Porsche Cayenne, 1 Hyundai Sonata and 1 Opel Corsa (worth Rs2.5 crore) and 32 cars were attached. The agency also attached Tapuriah’s bungalow at Prithviraj Road in New Delhi (worth around Rs25 crore).
ED officials said they were identifying more properties that would be attached later. Tapuriah’s advocate Girish Kulkarni confirmed that his client’s property was attached.
He said the agency had no material to attach the property, as it will first have to prove that the same had been bought with the proceeds of crime mentioned in the offences list of PMLA.
Khan’s lawyer IP Bagaria could not be reached for comment.