Published: Wed, September 13, 2017
Business | By Max Garcia

Diplomatic win for Modi govt, United Kingdom seizes assets owned by Dawood Ibrahim

Diplomatic win for Modi govt, United Kingdom seizes assets owned by Dawood Ibrahim

"If Dawood Ibrahim's assets have been attached, that is a welcome step but the litmus test is getting Dawood Ibrahim back and those were the commitments which this government had made to the people of India in the run up to 2014 campaign", said Congress spokesperson Manish Tewari.

The wanted gangster, who is accused of masterminding the 1993 serial blasts in Mumbai, was named in the UK Treasury Department's latest Consolidated List of Financial Sanctions Targets.

Financial sanctions - imposed in any individual or government (known as the target) - in essence mean that the United Kingdom government can prohibit a firm from carrying out transactions or providing or performing other financial services, such as insurance, with them. The Midlands' properties were under the Enforcement Directorate's (ED) radar as well.

According to TV18, "Kaskar Dawood Ibrahim" is recorded to have lived at: House No 37, 30th Street - Defence Housing Authority, Karachi, Pakistan; Noorabad, Karachi, Pakistan (Palatial bungalow in the hilly area); and White House, Near Saudi Mosque, Clifton, Karachi, Pakistan.

In January this year, some unconfirmed reports had said that the United Arab Emirates government may also have moved to seize assets of Dawood Ibrahim on its soil. According to the British media, Dawood owns a hotel in Warwickshire and residential properties near Birmingham in the midlands. It is believed that Dawood's total assets are worth $6.7 billion. He fled the country post the bombings and is understood to be hiding in Pakistan.

Dawood also runs an worldwide betting syndicate out of Dubai and is accused of match-fixing in the lucrative Indian Premier League, as per reports. Dawood also possesses a string of Indian and Pakistani passports, he acquired illegally and misused to float aliases.

A fortnight ago, former Pakistan president Pervez Musharraf hinted that fugitive underworld don is in Karachi. India TV had reported then that the document lists three Pakistan addresses of the fugitive gangster. Mehrishi had said the government is taking all required action so that Dawood could be brought back to India.

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