ED Intensifies Action Against Dawood Ibrahim’s Network, Seizes Brother’s Thane Property

Mumbai (The Uttam Hindu): The Enforcement Directorate (ED) has taken possession of a flat in Thane belonging to Dawood Ibrahim’s brother, Iqbal Kaskar, in connection with a money laundering case. The property, which was acquired through extortion, had been temporarily attached since March 2022.

As the investigation unfolded, it was revealed that the flat was obtained through criminal means. Following interrogations in 2022, ED initiated actions at multiple locations. In 2017, the Anti-Extortion Cell of Thane Police had registered a case, uncovering that Kaskar, along with associates Mumtaz Sheikh and Israr Saeed, had extorted money and property from several businessmen. The builder involved was coerced into registering the property under Mumtaz Sheikh’s name, and the flat’s value was estimated to be around Rs 75 lakh.

The ED had filed a chargesheet in 2022 under the Prevention of Money Laundering Act (PMLA), based on the FIR filed by Thane Police. The chargesheet included serious allegations, including extortion, against the accused.