ED attaches assets worth Rs 203 cr in Iqbal Mirchi case

Last Modified Wednesday, 23 September 2020 (11:27 IST)
New Delhi:The (ED) on Tuesday said that it has
provisionally attached 15 properties in Dubai belonging to family members of under the Prevention of Money Laundering Act, 2002 (PMLA).
According to officials, these  properties include hotel Midwest Hotel Apartment and 14 other commercial  and  residential properties, having total value of  United Arab Emirates  Dihram  101.52 Million, equivalent to Rs 203.27 crore.
 
Earlier, the probe agency  has already issued  two  Provisional Attachment orders in December, 2019, attaching properties to the tune of  Rs  573 crore and with  the present attachment, it comes to Rs 776 crore.The federal probe agency registered a money laundering case against Iqbal Memon alias Mirchi and others on September  26 last year, under the provisions of PMLA.
 
Five accused, including Kapil Wadhawan, DheerajWadhawan and Humayun Merchant were arrested in this case, the ED officials said.They also said that a prosecution complaint which is equal  to charge sheet was filed on December 9, 2019 before the Special PMLA Court and cognizance of the same has been taken by the Court. 
 
''Open ended Non-Bailable Warrants have been issued by the PMLA  Court against Asif  Memon,JunaidMemon, both sons of Iqbal Mirchi  and his wife  Mrs Hajra Memon,'' the ED said, adding that the further investigation in this case  is under progress.(UNI)