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The Supreme Court on Friday quashed the bail granted to businessman Mr Hasan Ali Khan by the Bombay High Court. Mr Khan is accused of money laundering and passport forgery.
The apex court cancelled Mr Khan's bail on a plea by the Enforcement Directorate (ED) against the High Court order on August 12. The apex court had on August 16 stayed the bail given to Mr Khan following the ED's petition.
The ED claimed that granting bail to Mr Khan will help him escape from the country as he is accused of holding forged passports. The agency also said it has evidence against Mr Khan regarding many accounts in banks abroad where illegal wealth was stashed away. The apex court said the ED's apprehensions are well placed.
It added that Letter Rogatory had been sent to many countries to get more information regarding Mr Khan's bank accounts. The ED also alleged that Mr Khan has links with the international arms dealer Mr Adnan Khashoggi. However, Mr Khan had denied all allegations.
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