Jethmalani seeks probe into Pune billionaire’s wealth

By IANS
Thursday, April 15, 2010

MUMBAI - Eminent lawyer and former Rajya Sabha member Ram Jethmalani Thursday demanded a probe into alleged money-laundering by billionaire Pune stud farm owner Hassan Ali.

Addressing a press conference here this afternoon, Jethmalani said that as per official records in 2007 Ali owed the government a whopping Rs.37,000 crore as tax dues.

Jethmalani claimed that Ali had over Rs.820 crore stashed away in Swiss bank accounts.

“From where did he acquire so much money? Why is the government not conducting an inquiry into his huge wealth,” questioned Jethmalani, calling for a probe into Ali’s fortune.

Ali has been in news ever since the Bharatiya Janata Party (BJP) presented a CD in the state legislature early this week to expose his links.

The CD, which allegedly shows Ali having links with former chief minister and now Union minister Vilasrao Deshmukh, Deputy Chief Minister Chhagan Bhujbal and Home Minister R.R. Patil, was tabled in the legislative assembly by BJP legislator Devendra Fadnavis from Nagpur.

The Maharashtra government Tuesday announced a probe by the Crime Investigation Department (CID) into the CD which allegedly shows top state politicians having links with Ali.

Filed under: Immigration

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May 2, 2010: 3:54 am

Jago Party promises Rs. 2.5 lakhs for each Indian family and no taxes for Indians for 30 years

Surya Prakash Loonker of Jago Party is demanding that money stashed by Indians in tax havens across the world should be brought back to the country. The black money and corruption money lying in bank accounts in Switzerland and other countries could be used to eradicate poverty and illiteracy in India. According to popular belief, it would be in the region of Rs.72,80,000 crores ($1,456 billion). If this money is brought from foreign banks to India, every family in this country would get nearly Rs two-and-a- half lakhs, national debt will be liquidated and for 30 years continuously the people would get a tax free budget. Baba Ramdev’s Swabhiman Manch, which is a NGO turned political party, is also demanding that corruption and black money sitting in foreign banks of Indian politicians and businessman rightfully belongs to the people of India. Jago Party will ensure that this money is brought back to India in its 1st year of forming the central govt and distributed to Indians.

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