The Supreme Court today quashed the bail granted by the Bombay High Court to Pune-based stud farm owner Hasan Ali Khan, in a money laundering case.
A bench headed by Justice Altamas Kabir allowed the plea of Enforcement Directorate (ED) which had approached the apex court challenging the August 12 High Court order granting bail to 58-year-old Hasan Ali.
The apex court had on August 16 stayed the bail granted to Hasan Ali after the ED moved a petition challenging the High Court order.
The ED had also submitted that the government had sufficient evidence to prove that Khan had several foreign accounts and illegal money to the tune of over 93 million dollars had been stashed away abroad. It had said a Letters Rogatory had been sent to several countries for obtaining more information on his bank accounts having illegal money.