Come back by month end: ED tells Zakir Naik
The ED summons has been issued under the Prevention of Money Laundering Act or the PMLA.
Controversial Islamic preacher Dr Zakir Naik whose financial transactions are under the scanner will have to appear before the Enforcement Directorate by the end of this month. Under the scanner are the fund transfers that have taken place. It was also found that almost Rs 100 crore was invested in real estate.
The ED summons has been issued under the Prevention of Money Laundering Act or the PMLA. Naik is believed to be in Saudi Arabia currently. The ED says that he has been told to appear before the end of this month and record his statement.
Meanwhile after scanning the banking transactions, a case under the Unlawful Activities Prevention Act of the UAPA has been registered against Naik and others associated with his NGO, the Islamic Research Foundation.
Several
banking
transactions
are
under
the
scanner
already.
The
National
Investigation
Agency
has
found
transactions
to
the
tune
of
almost
Rs
100
crore
which
were
allegedly
invested
in
real
estate.
The
NIA
learnt
that
there
are
a
78
different
bank
accounts
through
which
these
transactions
were
made.
We
are
in
the
process
of
examining
these
accounts
and
once
the
picture
is
clearer,
we
will
summon
him
for
questioning,
an
NIA
official
said.