Court Rewards Gangster Iqbal Mirchi’s Wife, Sons
- 26-Feb-2021
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On Friday, A Special court declared three family members of deceased gangster Iqbal Memon alias Iqbal Mirchi as ‘fugitive economic offenders’ in connection with a money laundering investigation.
The court allowed an application filed by the Enforcement Directorate (ED) against Memon’s two sons, Junaid and Asif, and his wife, Hajra, under the Fugitive Economic Offenders (FEO) Act, 2018. The three had failed to appear before the ED when summons were issued for a probe last year, nor did they appear before the court after the ED had filed a plea under the FEO Act in December 2020. The next step as per the Act would be to empower the investigating agencies to confiscate the properties belonging to the accused.
The ED alleged that there were illegal transactions of properties of Rs 200 crore, belonging to the late gangster who had fled the country over 30 years ago after being named in cases involving extortion and smuggling, among other offences.
The ED claimed that the properties were sold through collusion between his family members, brokers, a member of a trust and one Kapil Wadhawan, the promoter of Dewan Housing Finance Limited. The ED had summoned the three family members of Memon, whose last known location is suspected to be the UAE, to join the probe.
