Pune-based businessman Hasan Ali Khan, accused of stashing black money abroad and evading tax, diverted unaccounted money of foreign nationals too.
The Enforcement Directorate (ED) stumbled upon this information while it was investigating the money laundering case against Khan and his aide Kashinath Tapuriah.
The ED has learnt that Khan diverted $3 billion (R13,500 crore) of a Russian tycoon and received commission of $10 million (R45 crore) for it, which, officials said is being verified. The deal was fixed by Tapuriah and executed by Khan.
The agency has now begun a probe to find out details of the deal. ED officials recently questioned Khan and Tapuriah about the deal when they were in the agency’s custody. Khan and Tapuriah are in judicial custody.
“Khan told us there was a deal between Tapuriah and the Russian tycoon, but it didn’t materialise,” said a senior ED official. But Tapuriah claimed that there was no such deal, said the official.
On probing deeper, ED found that Khan and Tapuriah had differences over the deal, which created a rift between them. “Their varied answers showed they were trying to hide details of the deal,” the official said.
ED officials have now sought help from Russian authorities to unearth more information on the deal and has asked for the banking transaction details of Khan’s and the Russian tycoon’s accounts.
Also, details of the information about the deal have also been put in the status report submitted by the ED in the Supreme Court.
According to sources, the ED has preliminary information on Khan and Tapuriah’s dealings with other foreign businessmen too, which are being verified.
Meanwhile, as per the Supreme Court’s direction, the ED has video recorded statements of Khan, Tapuriah and their associate Philip Anandraj. The agency is waiting for Khan’s wife Rheema to record her statement. According to sources, she has been evading the ED by sending letters seeking time to appear before the agency.
Khan is accused of acquiring and holding $8 billion (Rs36,000 crore) in Swiss bank.