Hawala accused Fatta challenges ED summons before Gujarat HC
2 May 2014 11:36 PM GMT
Challenging the Enforcement Directorate’s action agaist him, hawala scam accused Afroz Fatta on Thursday approached the Gujarat High court seeking to quash the summons issued under the Prevention of Money Laundering (PML) Act. ‘The Enforcement Directorate has acted against the provisions of the (PML) Act and initiated investigation against Afroz Fatta,’ his petition said.
‘The procedure adopted by the ED has been lacking a legal sustainability,’ it said. Fatta’s petition is likely to come up before Justice G R Udhvani for hearing tomorrow. The ED, on March 21, had claimed to have busted a hawala racket to the tune of Rs 700 crore during searches at Surat offices of some diamond traders.
ED officials questioned traders Afroz Fataa and Madanlal Jain, allegedly involved in the racket which had sent Rs 700 crores outside India. It is alleged that instead of importing diamonds, they made bogus import bills, claiming that they had purchased the diamonds from a foreign trader.
‘The procedure adopted by the ED has been lacking a legal sustainability,’ it said. Fatta’s petition is likely to come up before Justice G R Udhvani for hearing tomorrow. The ED, on March 21, had claimed to have busted a hawala racket to the tune of Rs 700 crore during searches at Surat offices of some diamond traders.
ED officials questioned traders Afroz Fataa and Madanlal Jain, allegedly involved in the racket which had sent Rs 700 crores outside India. It is alleged that instead of importing diamonds, they made bogus import bills, claiming that they had purchased the diamonds from a foreign trader.
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