The Enforcement Directorate (ED) has attached property worth Rs 22.42 crore allegedly linked to gangster Iqbal Mirchi. The attached property includes a cinema hall, a bungalow, a hotel, a farmhouse and land.
Iqbal Mirchi is believed to have been an associate of underworld don Dawood Ibrahim and was allegedly involved in a money-laundering case.
The attached assets includes seven immovable properties and balances in bank accounts, ED officials said.
Giving details of the attached assets, the ED said the cinema hall (New Roshan Talkies) and hotel are in Mumbai whereas five properties are in Panchagni, including an under construction hotel, one farm house, two bungalows and 3.5 acre land.
One of the properties attached by the ED.
The financial probe agency had earlier attached assets to the tune of Rs 776 crore including overseas assets of Rs 203 crore related to Iqbal Mirchi who died in 2013.
With today’s attachment, value of the total attachment in this case stands at Rs 798 crore, an ED officer privy to the development said.
The probe agency had initiated its investigation under Prevention of Money Laundering Act (PMLA) against Iqbal Memon alias Mirchi and others on November 26, 2019.
Other properties linked to Iqbal Mirchi that ED has attached.
During the investigation five accused including Kapil Wadhawan, Dheeraj Wadhawan and Humayun Merchant were arrested.
A chargesheet was filed in this case on December 9, 2019 before a special PMLA court.
The court had also issued open-ended NBWs (Non Bailable Warrant) against both the sons of Iqbal Mirchi — Asif Memon and Junaid Memon — along with his wife Hajra Memon, for their alleged role in the money-laundering case.
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