Worldwide

Revolutionary movement of United Kingdom govt start confiscating underworld don Dawood Ibrahim property

Revolutionary movement of United Kingdom govt start confiscating underworld don Dawood Ibrahim property”

A major chunk of the fugitive underworld don Dawood Ibrahim's assets worth a whopping Rs 43,000 crore (6.7 billion U.S. dollar) have allegedly been seized by the United Kingdom government, according to India Today report.

The UK Treasury department's Consolidated List of Financial Sanctions Targets' updated list includes Dawood's properties now.

The sanction document reportedly lists three recorded addresses for Ibrahim in Pakistan including one sprawling property called The White House near the Saudi mosque in the seaside suburb of Clifton in Karachi Pakistan, according to The Mirror's reports.

UK-based daily Birmingham Mail reported on Wednesday that the seized properties include a hotel he owns in Warwickshire and other residential properties across the Midlands that had been on tha radar of Indian probe agencies. In 2015, Forbes estimated Dawood Ibrahim's net asset at US$ 6.7 billion. Dawood is the second richest criminal ever after Colombian drug lord Pablo Escobar.

The UK released an updated list of financial sanctions earlier this month and Dawood was the only "Indian national" on the list. However, British authorities have now frozen properties in London belonging to the fugitive.

- The fourth address on record until a year ago: House no.29, Margalla Road, F 6/2 Street no.22, Karachi, Pakistan is no longer part of the records.

He was implicated in the 1993 serial bomb blasts in the city and remains a priority wanted criminal for Indian authorities. He fled the country post the bombings and is understood to be hiding in Pakistan. "Dawood Ibrahim is in Pakistan".

Pakistan has repeatedly denied his presence in the country.

In August, the then-union home secretary Rajiv Mehrishi had said that Dawood is in Pakistan and Islamabad has been creating hurdles in getting him back to India to face the law.



Like this

Latest


26 September 2017
Explore Fort Tilden State Park: An Abandoned New York City
As you approach the boat graveyard, as its name is, there are about more than 100 extinct vessels that rest in the relative peace. But in the recent years, it had gone from an obscure stretch to a favorite destination among the beachgoers and lovers as well.

13 September 2017
Airtel dials up SK Telecom for newer tech
Airtel says it would use machine learning and big data analytics to measure network quality and experience at customer device level.

13 September 2017
Venezuelan Government Agrees to Start Talks With Opposition
Maduro had to weather falling oil prices and a wave of opposition protests that left 125 people dead between April and July. However, it insisted it did not mean it was the beginning of formal talks with the government.

13 September 2017
Jacobs Engineering Group Inc. (NYSE:JEC) Rating Reiterated by KeyCorp
In the most updated research from a number of analysts on Wall Street, the company gets 3 Buys and 2 Sell among 16 analysts. The construction company reported $0.79 earnings per share for the quarter, hitting analysts' consensus estimates of $0.79.

13 September 2017
GA Gov. expands state of emergency to entire state
Georgia Governor Nathan Deal has extended the State of Emergency for 64 additional counties, bringing the total to 94 counties. While this is much less unsafe , it has still forced many school systems across the state to close.

13 September 2017
VACC prepares for House hearing on impeachment raps vs CJ Sereno
Lourdes Sereno as it began on Wednesday deliberations on whether the complaints filed were "sufficient in form and substance". The statement said the Chief Justice is just awaiting a copy of the complaint, and will file her response to the Committee.

13 September 2017
UC announces support of California suing Trump administration over DACA
The administration did not cancel all of the permits immediately, but allowed a six-month window for congressional action. UC has around 4,000 students who are undocumented, most of whom used DACA to their advantage.

13 September 2017
Johnson & Johnson (NYSE:JNJ) Shares Sold by Mar Vista Investment Partners LLC
Massachusetts-based Nichols Pratt Advisers Ltd Liability Partnership Ma has invested 8.03% in Johnson & Johnson (NYSE:JNJ). It has underperformed by 44.09% the S&P500.The move comes after 6 months positive chart setup for the $373.16M company.

13 September 2017
Frankfurt Auto Show: BMW's largest SUV to date - The X7
Expect the production-ready BMW X7 to have seven-seats as-standard, with the option for six, single seats like the Concept. One aspect that's likely to make it into production is the Concept X7's petrol-electric iPerformance hybrid powertrain.

13 September 2017
Kiri Te Kanawa quits public performance after five-decade career
Te Kanawa said that she came to the decision to stop singing previous year , but has only announced her retirement publicly now. The famed Kiwi opera singer says she is almost done with performing and prefers to help young Kiwis following in her footsteps.



Recommended