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Home Top News of the Day news Dawood Ibrahim’s assets seized in UK

Dawood Ibrahim’s assets seized in UK

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Dawood Ibrahim’s assets seized in UK

Above: Dawood Ibrahim in a yellow T shirt. Photo: GettyImages

The fugitive don from India and the man wanted in the 1993 Mumbai serial blasts case, Dawood Ibrahim’s properties have been seized by the UK government. According to reports available, these are worth close to 7 billion dollars. A hotel and other residential properties owned by Dawood in UK have been sealed, it is learnt.

The underworld don’s name is there on the updated UK Treasury department’s ‘Consolidated List of Financial Sanctions Targets. Incidentally, he is the only “Indian” on that list. The list also mentions 21 aliases of the underworld don and three recorded addresses in Pakistan, where he is reportedly based.

His place of birth is recorded as Kher, Ratnagiri, Maharashtra, with a recorded Indian passport which was subsequently revoked by the government of India. There is also a mention about several Indian and Pakistani passports acquired by him and misused.

Dawood Ibrahim has been named by the UN Security Council’s IS and al-Qaida Sanctions Committee as global terrorist. Some reports suggest that up to 40 per cent of his earnings still come from India. His main business in India is pumping fake Indian currency notes (FICN).

Dawood runs another roaring business related to illegal trade in diamonds from South Africa. This also has an India connection as the diamonds mined there are brought to India for cutting and polishing. Running a crime syndicate in India is another money spinning business of the don.

—Courtesy agency reports