Wednesday, April 14, 2021
Home News Reports ED raids 14 locations of DHFL and promoters in money laundering case linked with...

ED raids 14 locations of DHFL and promoters in money laundering case linked with Dawood’s close aide Iqbal Mirchi

ED had on October 15 made a submission in a Mumbai court that property developer Sunblink Real Estate Private Limited was given a loan of Rs 2,186 crore by DHFL on three properties, which are under the scanner in the Iqbal Mirchi case.

The Enforcement Directorate (ED) on October 19, Saturday, carried out raids at around fourteen places, including Dewan Housing Finance Corp Ltd (DHFL) offices and its promoters’ residences, in a money laundering case against Iqbal Mirchi, who was a close accomplice of underworld fugitive Dawood Ibrahim.

ED had on October 15 made a submission in a Mumbai court that property developer Sunblink Real Estate Private Limited was given a loan of Rs 2,186 crore by DHFL on three properties, which are under the scanner in the Iqbal Mirchi case. The agency is now scrutinising the DHFL documents related to the loan.

The ED, during the probe, has found that the company had started giving loans to Sunblink Real Estate Private Limited in the year 2010. The agency is now probing whether this loan was allegedly routed overseas by Sunblink into the accounts of Iqbal Mirchi over a period of nine years.

The DHFL has, however, disputed ED’s claims maintaining that it had no links to the alleged dubious transactions.

The financial probe agency had tightened the screws on the money laundering case linked to the multi-crore real estate deals of Mirchi after it arrested Haroun Yusuf and one Ranjit Singh Bindra who had brokered a deal with Mirchi’s trust and Sunblink Realtors Pvt Ltd. Mirchi’s Mumbai assets alone are speculated to be worth more than Rs 500 crores. Based on the Mumbai Police’s FIR on Yusuf, Mirchi and others, the ED has filed a PMLA case on Yusuf and Bindra.

Delving further, the ED found the case to be linked with several politicians, through numerous firms and private companies. After it zeroed in the properties of Iqbal Memon alias ‘Mirchi’, the ED had also discovered links with a firm that is linked to former UPA-era civil aviation minister Praful Patel and his wife Varsha Patel.

OpIndia had accessed documents which validate NCP leader and former Union Minister Praful Patel’s financial dealings with Dawood Ibrahim and his associates. The documents accessed by us reveal signatures of Praful Patel on documents that linked him to Igbal Memon, a key aide of Dawood Ibrahim.

The ED has named Mirchi as an international drug dealer, smuggler, extortionist and criminal involved in anti-national interest. In 2004, Mirchi was listed as one of the foreign drug kingpins by the US state department. He had an Interpol red corner notice against him. Mirchi had died in the UK on 14 August 2013.

  Support Us  

Whether NDTV or 'The Wire', they never have to worry about funds. In name of saving democracy, they get money from various sources. We need your support to fight them. Please contribute whatever you can afford

Searched termsDawood Ibrahim
OpIndia Staffhttps://www.opindia.com
Staff reporter at OpIndia

Related Articles

Trending now

Mayor Sadiq Khan vows to bring the Indian Premier League to London to boost his reelection chances: Details

London mayor Sadiq Khan promises to bring the Indian Premier League to the British capital as part of his reelection campaign.

BBC Urdu documentary reveals how state-sanctioned Pakistani textbooks demonize Hindus

BBC Urdu published a video on YouTube highlighting the prejudice against Hindus that textbooks in Pakistan advocate.

Constant ‘beheading’ threats by Islamists: Hindus come out in large numbers to support Yati Narsinghanand Saraswati, demand security for him

Enraged by the Muslim politicians and religious groups openly issuing death threats, Hindus come together to support Yati Narsinghanand Saraswati.

Here’s why lockdown is no longer an option and imposing another at this point makes no sense at all

Not imposing a lockdown may be a bad choice but imposing it to combat Covid-19 will prove to be infinitely worse.

Japan to release treated water from Fukushima nuclear plant into the ocean: USA, IAEA support, China condemns

Japan has long delayed the decision to dispose of the wastewater from the Fukushima Daiichi nuclear plant over criticisms and safety concerns.

The direct fall-out of not implementing farm laws: Punjab Farmers say Arhtiyas asking for signed blank cheques for helping in crop procurement

Farmers across Punjab are being told by their arhtiyas to furnish "signed blank cheques" if they want to get their produce auctioned in the mandis

Recently Popular

Pfizer wanted Brazil, Argentina to put military bases, Federal reserve as collateral: Why India kept Pfizer away and how the usual suspects are wrong

Pfizer has been accused of countries in Latin America of pledging their sovereign assets, military bases and financial reserves to protect itself from any adverse fallout of the vaccine

OpIndia Exclusive: Tata Communications suffers data leak, hackers claim to have sold access to company’s servers, over 50GB data still up for sale

As per two posts by hackers on a hackers' forum, they have gained access to Tata Communications servers and sold them.

India has to become a ‘Hindu Rashtra’, or it will be turned into an Islamic nation by 2030: Kerala MLA

"Can we let this nation (go) to any particular community? This needs to be discussed. Somebody has to speak up," PC George emphasised.

What happened in Chhabra after Hindu man was stabbed by Muslim men: Call for peace, attack on a Hindu the next day and more

On April 12, the administration extended curfew for one more day at Chhabra, Baran district in Rajasthan after the communal riot

Attempts to draw false equivalence between the Kumbh Mela and Tablighi Jamaat congregation do not make sense: Here’s why

Attempts are being made to draw false equivalences between the Kumbh Mela and the Tablighi Jamaat congregation last year.

It’s a lung… it’s a burnt toast… it’s a duck pic… No! It’s a painting by Mamata Banerjee

Mamata Banerjee did not appear in any election rallies or gave any statement regarding the ongoing Assembly elections in West Bengal after Election Commission banned her from campaigning for 24 hours
- Advertisement -

 

Connect with us

254,077FansLike
528,917FollowersFollow
24,200SubscribersSubscribe