ED arrests alleged aide of Iqbal Mirchi

Image
Press Trust of India Mumbai
Last Updated : Oct 22 2019 | 2:31 PM IST

The ED has arrested Humayun Merchant, stated to be aide of late gangster Iqbal Mirchi, in connection with a money laundering case, officials said on Tuesday.

They said Merchant was arrested under the provision of Prevention of Money Laundering Act (PMLA) on Monday night here.

He will be produced before a special court here for further custody, they said.

Merchant is stated to be an aide of late gangster Iqbal Mirchi, a close associate of global terrorist Dawood Ibrahim.

He is being probed by the Enforcement Directorate with regard to alleged illegal real estate deals of Mirchi and his family.

The central agency has arrested two other people in this case early this month.

Senior NCP leader Praful Patel has also been grilled by it in the case last week.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

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

More From This Section

First Published: Oct 22 2019 | 2:31 PM IST

Next Story