The Enforcement Directorate has seized a flat worth Rs 55 lakh in Maharashtra’s Thane in the name of an alleged associate of fugitive gangster Dawood Ibrahim’s brother. Sources in the Federal Investigation Agency said on Tuesday that the residential residence in Neopolis Building in Thane West was attached as part of an interim order issued under the PMLA in 2022 against its owner Mumtaz Ejaz Shaikh.
The adjudicating authority of the Prevention of Money Laundering Act (PMLA) had approved this temporary attachment order, paving the way for the ED to take over. Sources said that the process of taking possession of the flat was completed recently. The ED had earlier alleged in a statement that the flat was seized by Kaskar and others from Thane-based real estate developer Suresh Devichand Mehta.
Kaskar is currently in jail under judicial custody. Dawood Ibrahim has been declared a terrorist by India. News-Patiala