This story is from August 15, 2014

Hawala scam: One more Fatta accomplice detained

Bilal Haroon Gilani, a co-accused in Rs 5,395 crore hawala racket was detained by Surat crime branch from special PMLA court here on Thursday.
Hawala scam: One more Fatta accomplice detained
AHMEDABAD: Bilal Haroon Gilani, a co-accused in Rs 5,395 crore hawala racket was detained by Surat crime branch from special PMLA court here on Thursday. Gilani had appeared in the court on the summons issued last month. The court had summoned 77 other accused persons and firms who were chargesheeted by the ED in the hawala racket. This is the third big detention in the hawala scam after Afroz Fatta and Madan lal Jain, alleged kingpins of the racket.
Sources said Gilani was a major partner in the racket and is said to have sent Rs 1,200 crore through hawala outside India. "Gilani has been taken to Shahpur police station where he will be questioned by our officials. If need be, he will be arrested," said a Surat crime branch official.
With the help of ED officials, Surat crime branch detained Gilani who was absconding for last three months. Sources said that Gilani was trying to evade ED and police but was identified by ED officials and crime branch officials detained him. Both ED and Surat crime branch are working in tandem on the forgery cases as well as hawala racket. Surat crime branch is probing two cases of forgery of Rs 104 crore and Rs 28 crore under which Gilani was detained. According to an FIR filed by a private bank in April this year, Fatta and Jain had cheated the bank to the tune of Rs 104.60 crore by submitting fake bills of entry.
ED's probe has also revealed how the Gilani had used tools such as use of commission agents, bill discounters and angadia services to transfer funds from Indian entities to the accounts of fake entities created by Fatta and Jain.
ED had issued several summons to Bilal but he was into hiding. Sources also said that Gilani has directly and indirectly received over Rs 40 crore in commissions for sending money outside India.
Earlier this week while seeking bail, Fatta filed a reply before a special PMLA court saying that the ED had falsely framed him in this case and deliberately did not recognize that co-accused Madanlal Jain is the kingpin. Further hearing on this bail application will take place on August 19.
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