How UAE and India are plotting the end of Dawood Ibrahim

With the United Arab Emirates government already probing his properties and the Enforcement Directorate filing a case under the Prevention of Money Laundering Act, it appears that bad days for Dawood Ibrahim have begun. There are several business interests and properties of Dawood which have been identified in Dubai, and India is working closely with the UAE to seize them.

[India forms crack team to track Dawood]

The first move was made when National Security Advisor Ajit Doval visited UAE in 2015. He had handed over a list of properties with a request to seize them. The UAE on its part launched an independent investigation and even verified the properties.

Now the ED has decided to file a case under the Prevention of Money Laundering Act, which would facilitate the seizure soon. The ED after collecting material and necessary evidence can place a formal request under the law to the UAE to seize the property. If ascertained that the facts are right, then the properties can be auctioned as well.

The investigations conducted in the UAE were based on the list given by India. A dossier prepared by India listed several properties and made a mention about a company known as Golden Box being run in Dubai. The dossier states that this company is being run by Anis Ibrahim, Dawood's brother.

The list of properties also includes hotels. The ED had narrowed down on the list of properties. It had listed out 50 prime properties owned by Dawood and his associates across 10 countries. ED officials are trying to gather more information on the properties owned by the D Gang in several other nations.

He has investments in Morocco, Spain, United Arab Emirates, Singapore, Thailand, Cyprus, Turkey, India, Pakistan and the United Kingdom.

The worth of these properties as per a preliminary probe indicates is worth over Rs 3,000 crore.

In all, the D-gang owns 50 properties in 10 different countries. All the properties have are benami. So far, the most concrete link that has been established between the D-gang and the properties is through Iqbal Mirchi.

OneIndia News