Mumbai: The Enforcement Directorate (ED) has taken possession of a flat in Thane that was registered in the name of a close associate of Iqbal Kaskar, an official said here on Tuesday.
The flat, located in Neopolis Tower, Kavesar, was under provisional attachment since April 2022.
This action is part of their ongoing money laundering investigation against him and his brother, Dawood Ibrahim.
The investigation traces back to an complaint of extortion filed probed by the Thane Anti-Extortion Cell. It was discovered that Kaskar, alongside his associates Mumtaz Shaikh and Israr Ali Jamil, leveraged their connections to extort both property and cash from Suresh Mehta, a real estate developer, leveraging their proximity to Dawood Ibrahim. This flat, valued at around Rs 75 lakh, was coercively transferred under Shaikh’s name, while additional cash amounting to Rs 10 lakh was extorted through deceitful means involving fraudulent cheques.
The ED initiated a money laundering probe based on two FIRs: one filed by the National Investigation Agency (NIA) against Dawood Ibrahim, Anees Ibrahim, Chhota Shakeel, Tiger Memon, and others, and another extortion case filed against Iqbal Kaskar and his associates.
UNI
