Dawood ibrahim hawala business plan

History[ edit ] Ibrahim is believed to control much of the hawala system, which is the very commonly used unofficial system for transferring money and remittances outside the view of official agents. The Department of Treasury keeps a fact sheet on Ibrahim which contains reports of his syndicate having smuggling routes from South Asia, the Middle-East and Africa shared with and used by terrorist organization al-Qaeda.

Dawood ibrahim hawala business plan

The Times of India Fugitive gangster Dawood Ibrahim's younger brother Iqbal Kaskar, who was arrested on Monday from his Mumbai residence along with two aides -real estate agent Mumtaz Shaikh and Israr Ali Jamil Sayyad -for issuing extortion threats to a builder is believed to have collected around Rs crore from developers and jewellers in Thane in the last three years, a cop said.

Police are also probing the role of two local NCP netas who allegedly acted as middlemen between Kaskar and the builders. Thane police commissioner Parambir Singh said they are probing if Dawood himself was part of the extortion racket. Singh said Kaskar has been threatening top builders in Thane since and in one case had extorted Rs 30 lakh from a builder and taken possession of four flats in the plush Rosa Bella complex, whose cumulative worth is close to Rs 5 crore.

While the gang disposed of three of the flats for Rs 30 lakh each, the fourth flat was occupied by Kaskar's aide Shaikh. The commissioner said preliminary probe had revealed the names of certain big builders who were part of the criminal syndicate as they helped the gang get the ransom and would use their connections to evict other builders and grab land parcels.

Police said Shaikh, with the help of Israr, used to collect information about properties and pass it on to Kaskar. Police have detained the brother-in-law of Kaskar's late sister Haseena Parkar and another person. The Thane magistrate remanded all three accused in police custody for eight days.

Caught during biryani feast: When police arrived at his residence to arrest him, Kaskar was having biryani and watching TV. Cops, however, allowed him to finish the meal before taking him away. The Times of India Absconding underworld don Dawood Ibrahim Kaskar is reported to be suffering from bouts of depression as his only son has turned a cleric, according to police officials.

Iqbal Kaskar told the investigators that a deeply worried Dawood is afflicted by bouts of despondency over who would look after and handle his vast underworld empire in future. More so, as his other brother Anees Ibrahim Kaskar is aging and reportedly not in robust health, other brothers are deceased and no reliable close relatives available to take over the reins of the empire.

HIGHLIGHTS

Earlier, Moin — who is a business management graduate — used to help his father in running some of his businesses. Indian monitoring of Dawood Ibrahim Limiting Dawood financially The Times of IndiaAug 24 Neeraj Chauhan Indian agencies have been painstakingly tracking the movements of Dawood Ibrahim for 23 years and have managed to trace his properties across the world apart from phone numbers, passport details and even his electricity bills to bolster their charge that Pakistan continues to provide safe haven to India's most wanted terrorist.

Dawood himself, top government officials said, may not have travelled much outside Pakistan in the last 10 years. A senior official, who has worked closely on cases against Dawood in the past and didn't wish to be identified, said the don has a big house in Hampstead UK.

The details of this house, the officer said, are buried in CBI files.

dawood ibrahim hawala business plan

Some of these properties could be attached soon. Intelligence agencies say restricting Dawood's financial activities all over the world is important to neutralise his network.

Hawala operator held in Mumbai, linked to Dawood Ibrahim | India News, The Indian Express

Officials say Interpol should also execute the long-pending red corner notice against Dawood. The mastermind of the serial blasts in Mumbai has been living in Pakistan since then.

The UN Security Council's committee has removed three addresses of Dawood provided by India, lea ving six as they are. Apart from being booked for the blasts and links to many other acts of terror, Dawood has been proscribed as a global terrorist by the UN.

Pakistan has repeatedly maintained that he does not li ve in that country nor has any Pakistani identification. Dawood has been seen to have collaborated with the alQaeda as well. The addresses removed from the list are: These were listed on November 3, amended on 21 March25 July2 July11March22 August AHMEDABAD: Gujarat’s prosperity has started to draw the attention of Mumbai’s underworld, which has set its eyes on the state’s realty and hawala markets for extortion.

A plan by the Dawood. Dawood Ibrahim runs his business empire across the globe. The government had identified 11 close associates of Dawood, & 7 of his companies that deal in aviation, oil, . They traffic weapons, counterfeit DVDs, and provide financial services through their extensive system of hawala operators," he said during a Congressional hearing organised by the Committee on House Financial Services Subcommittee on Terrorism and Illicit Finance.

D-Company is headed by fugitive Indian underworld don Dawood Ibrahim. Dawood Ibrahim was born on 27 December in a Konkani Muslim family in Ratnagiri district in Maharashtra, India. His father, Ibrahim Kaskar, worked as a head constable with the Mumbai Police and his mother, Amina, was a housewife.

[14]Residence: Karachi, Sindh, Pakistan. NEW DELHI: National security advisor Ajit Doval has a strategy to weaken Dawood Ibrahim and his syndicate. The plan is to identify D-Company’s offshore assets and get them frozen, sources say.

Dawood has decided that his failing health will not allow him to helm D-company's $10 billion multinational empire of drugs, betting, hawala, and arms smuggling.

Caught on tape: How underworld don Dawood Ibrahim manages his business empire - India News