IQBAL MIRCHI
NCLT approves Ashdan Properties' resolution plan for Sunblink Real Estate
The National Company Law Tribunal approved Ashdan Properties' resolution plan for Sunblink Real Estate, which involved significant creditor dues. Sunblink Real Estate's insolvency proceedings were initiated over a default related to financial obligations. The properties in question include sea-facing buildings in Mumbai's Worli area, acquired previously from entities linked to Iqbal Mirchi. The resolution plan allocates Rs 143 crore to the secured financial creditor Piramal Finance over several instalments.
ED attaches Rs 700 cr assets linked to late gangster Iqbal Mirchi, kin
The Enforcement Directorate has seized assets valued at over Rs 700 crore. This action targets properties linked to the late gangster Iqbal Mirchi and his family. The attached assets include prime real estate in Mumbai and overseas holdings. The investigation stems from multiple FIRs against Mirchi for organized criminal activities.
Person can't be detained merely because of non-cooperation, says Bombay HC as it quashes LOC against man
The Bombay High Court has quashed a Look Out Circular (LOC) issued against Sanjay Kumar Agrawal in a 2019 money laundering case related to late drug smuggler Iqbal Memon alias Iqbal Mirchi. Agrawal, who has been working in Bahrain and Dubai since 1995, was detained in India without a job due to the LOC. The ED has been investigating the case since 2019 and has not found any material against him. The court ruled that detaining Agrawal would not be appropriate as he has been deprived of his livelihood since December 2020 and has been working in the Middle East for over two decades.
Iqbal Mirchi Case: ED attaches four floors of Former Minister Praful Patel's property
The Enforcement Directorate (ED) confirmed the attachment of properties of former minister and Nationalist Congress Party (NCP) leader Praful Patel in the Iqbal Mirchi case.
DHFL case: ED attaches units on 4 more floors of Ceejay House
This is the first time that the department is treating these assets- owned by a company which is said to be among the original developers of Ceejay House--- as ‘proceeds of crime’ in it money laundering probe linked to Iqbal Mirchi and esrtwhile DHFL promoters Kapil and Dheeraj Wadhawan.
ED moves court to get Iqbal Mirchi's family declared as fugitive economic offenders
It said an application has been filed under section 4 (read with) section 12 of the Fugitive Economic Offenders Act of 2018 before the court "with a prayer to declare Junaid Iqbal Memon, Asif Iqbal Memon (sons of Mirchi) and Hajra Memon (wife) as fugitive economic offenders".
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Iqbal Mirchi's Rs 500-cr worth assets forfeited under anti-smugglers and narco law: ED
The order for seizure of properties was issued by the competent authority for SAFEMA (Smugglers and Foreign Exchange Manipulators Act) and NDPS (Narcotic Drugs and Psychotropic Substances) on November 9 based on "evidence gathered" against Mirchi and his associates by the ED.
Fresh auction of unsold properties of Dawood Ibrahim, Iqbal Mirchi
Recently six out of seven properties of Ibrahim which had been put up for auction were sold, while one remained unsold due to technical issues. A plush flat in Mumbai's western suburbs which belonged to Mirchi (who died in 2013) also remained unsold.
Money laundering: ED attaches Rs 203-crore worth Dubai assets of Iqbal Mirchi's family
The attached assets include 15 commercial and residential properties belonging to the "family members" of gangster Iqbal Mirchi. They include a hotel called Midwest Hotel Apartment, the ED said.
Dewan Housing chairman Kapil Wadhawan gets bail in Mirchi case
A special court granted bail to Kapil Wadhawan, CMD of DHFL arrested in connection with a money laundering case also involving the late gangster Iqbal Mirchi. Wadhawan (46) was arrested on January 27 by the ED under PMLA. According to the ED, Wadhawan was instrumental in laundering of huge amounts of money as part of an illegal deal with Mirchi, who died in 2013 in London.
ED: Panama firm set up Mirchi Jr’s shell company
Country Property Ltd, set up through Panamanian law firm Mossack Fonseca, has Junaid Memon who is the son of late drug lord Iqbal Mirchi, as sole director and shareholder of the company . The UK properties are allegedly worth several hundred crores, besides other assets identified in India, Dubai and Turkey purchased by the late Dawood aide.
DHFL siphoned off Rs 13K cr through 1 lakh fake borrowers: ED
The Wadhawans had allegedly used the Rs 13,000 crore they siphoned to pay the late drug lord Iqbal Mirchi.
ED arrests DHFL promoter Kapil Wadhawan in Iqbal Mirchi PMLA case
The case relates to Mirchi's Mumbai properties, which have been called as proceeds of crime by the ED. Three such properties were sold to Sunblink, the company linked to Wadhawan brothers Kapil and Dheeraj.
Court remands DHFL CMD Wadhawan in two-day ED custody
Mumbai, Jan 27 () A special court set up under the Prevention of Money Laundering Act (PMLA) on Monday remanded Dewan Housing Finance Ltd CMD Kapil Wadhawan in the Enforcement Directorate (ED) custody till January 29.
DHFL’s Wadhawan prime mover of deal with Mirchi, says ED
In a 7,000-page chargesheet, ED detailed how Wadhawan used DHFL to pay Memon over Rs 110 cr.
Dheeraj Wadhawan a prime mover, floated an offshore company to pay Mirchi, finds ED probe
In its 7,000-page chargesheet filed earlier this month, the agency has detailed how Wadhawan used DHFL to pay over Rs 110 crores to Mirchi that was availed as loans. Also, payments to the tune of AED 128.5 million (approx. Rs 154 crores) was paid to Mirchi via Culture Estate LLC, a Dubai-based company incorporated by Wadhawan.
ED attaches Rs 600-cr worth assets of Iqbal Mirchi family
The properties which were acquired by Mirchi include the 3rd and 4th floor of CEEJAY House in Mumbai's Worli area, an office premise at Arun Chambers, Tardeo in Mumbai, three flats in Sahil bungalow in Worli, three prime commercial shops in Crawford market and bungalows and land (more than 5 acres) in Lonawala, ED said in a statement.
ED quizzes DHFL’s Dheeraj Wadhawan over Mirchi deals
Last month, the ED had carried out raids at eight locations including DHFL’s headquarters in connection with a Rs 2,186 crore loan allegedly given by the NBFC to Sunblink Real Estate, a company which is under probe for its alleged dealing with Iqbal Mirchi, who died in 2013.
Iqbal Mirchi probe: Dheeraj Wadhawan joins ED probe
Last month, ED had carried out raids at eight locations including DHFL headquarters in connection with the Rs 2,186 crore loan given by the NBFC to Sunblink Real Estate, a company under probe for its dealing with erstwhile gangster Iqbal Memon alias Iqbal Mirchi. Earlier based on ED’s request, a look out circular (LoC) has been opened against, Wadhawan.
ED arrests woman in Iqbal Mirchi money laundering case
ED arrested a woman in connection with its probe against Iqbal Mirchi for allegedly forging documents. The Bengaluru-based woman had been shown as a tenant in one of the property that was dealt by Mirchi, an aide of terrorist Dawood Ibrahim.
Bhushan Steel's ex-promoters deny any dealings with Iqbal Mirchi
In a statement, the promoters termed the allegations of having financial dealings with Mirchi as "baseless", saying "neither Bhushan Steel nor any of its promoters have been involved in any such situation."
ED searches DHFL offices over exposure to firm having links with gangster Mirchi
In a report by The Economic Times, the troubled mortgage lender's links with Sunblink Real Estate have come to the fore. The ED has not named DHFL but documents reviewed by this paper showed Sunblink exposure adds up to Rs 2,186 crore.
DHFL lent Rs 2,186 crore to company under lens for Mirchi links, ED investigations reveal
Sunblink Real Estate - which has links to gangster Iqbal Memon - is under investigation by the ED for their usage of funds. And according to new information, the real estate company also borrowed money from DHFL.
Enforcement Directorate probes global hawala ring of Iqbal Mirchi
A huge amount of these monies from this deal is also suspected to have found its way into the terrorist and arms-running mafia run by Dawood which is part of the larger probe, sources said.
Dawood Ibrahim's aide Iqbal Mirchi dies in UK
Dawood Ibrahim's close aide Iqbal Mirchi, an accused in the 1993 Mumbai serial blasts case, died of a heart attack here last night.
Dawood Ibrahim's aide Iqbal Mirchi released on bail in London
Iqbal Mirchi, a right-hand man of underworld don Dawood Ibrahim and one of the accused in the 1993 Mumbai serial blasts, has been released on bail by a London Court.
Dawood Ibrahim's right hand Iqbal Mirchi being quizzed in UK; extradition process on
A close aide of Dawood, 61-year-old Iqbal Memon is wanted by Mumbai police in connection with cases related to drug peddling and 1993 Mumbai blasts.
Maharashtra asks CBI Interpol wing to help hand over Iqbal Mirchi
Maharashtra Government has asked CBI Interpol wing to obtain custody of gangster Iqbal Mirchi, held in London, and hand him over to it.
Dawood's right hand man Iqbal Mirchi held in London
Iqbal Memon alias 'Iqbal Mirchi', considered to be the right-hand man of underworld don Dawood Ibrahim, was arrested in the UK today.
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