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Money laundering accused Hasan Ali hospitalised in Mumbai

United News of India

Mumbai, October 29, 2011

Pune-based businessman Hasan Ali, accused of stashing away $ 8 billion of unaccounted money in foreign banks, was today admitted to government-run J J Hospital here after he suffered a paralytic attack this morning.
His lawyer Ishwar Prasad Bagaria confirmed the news.
The businessman owes Rs 50,345.73 crore in taxes for assessment year 2009-10. He and his associates were booked under money laundering charges earlier this year and they will now have to pay the government Rs 89,000 crore, including penalties. 
Khan is being investigated by the the Enforcement Directorate and Income Tax Department as well for tax evasion. 
NNN
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