The Enforcement Directorate (ED) on Wednesday provisionally attached immovable properties of gangster Iqbal Mirchi in connection with a money laundering case.
These properties, with a market value of Rs 600 crore, include the third and fourth floors of Ceejay House, three flats in Sahil Bungalow in Mumbai's Worli area, an office at Arun chambers in Tardeo area, three commercial shops in Crawford market, and bungalows and land in Lonawala.
According to the ED, the properties were acquired by Iqbal Mirchi in the name of his family and relatives.
The ED action came a day after the investigating agency filed a charge sheet against Mirchi before a special court in connection with the money-laundering case.
The economic watchdog is probing a money laundering case against Mirchi, who was a close aide of fugitive gangster Dawood Ibrahim.
It has identified the Benami properties of Mirchi, including 10 properties in Mumbai, one property in UAE and 25 properties in the UK.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app