ED sources says they would begin scrutinising details of both moveable and immovable assets held by Kaskar and his family, and would soon start summoning people for questioning
The Enforcement Directorate (ED) registered an Enforcement Case Information Report (ECIR) under the Prevention of Money Laundering Act (PMLA) against fugitive gangster Dawood Ibrahim's brother Iqbal Kaskar on Tuesday, in connection with extortion and illegal transfer of property.
Thane police's Anti Extortion Cell (AEC) had arrested Kaskar, Israr Z Saiyyad and Mumtaj A Shaikh on September 18 from central Mumbai for allegedly extorting four flats worth approximately Rs 5 crore and Rs 30 lakh from a Thane-based builder. Following the first case, another complainant came forward claiming that the gang had extorted jewellery from him worth Rs 15 lakh.
According to ED officials, on the basis of the FIR registered by the Thane police against Kaskar, Saiyyad and Shaikh, the agency has registered an ECIR and will be investigating property and money laundering aspects in the case.
"We will be probing the funds transfer and assets in terms of properties that have been extorted from a builder by the accused. We have registered the money laundering case on the basis of FIR registered with Thane police," said a senior ED official. "We will be contacting Thane police for more details."
"Any documents and financial details they have unearthed so far. We will take custody of the accused whenever required."
ED sources said they would begin scrutinising details of both moveable and immovable assets held by Kaskar and his family, and would soon start summoning people for questioning.
Meanwhile, Thane crime branch says they have not found any bank accounts held by Kaskar and have requested authorities to provide registry documents of the four flats that were allegedly extorted.
"We have asked for bank account details of the other two accused, but we have not found details of any bank account or properties belonging to Kaskar. He claims he carried out all transactions in cash and does not have a bank account. We have received registry documents of one of the flats, and are awaiting the documents of the other three," said Abhishek Trimukhe, Deputy Commissioner of Police (Crime) Thane police.
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