Dawood Ibrahim linked to British properties: Report

Agencies
February 3, 2018

London, Feb 3: Indias most wanted terrorist Dawood Ibrahim has been linked to a series of properties across Britain, according to a media report today.

The 62-year-old fugitive mafia boss, wanted in India as the mastermind of the Mumbai bomb blasts in 1993 and accused of crimes such as match-fixing and extortion, accrued a vast property portfolio across the Midlands and south-east in the UK as well as India, the United Arab Emirates, Spain, Morocco, Turkey, Cyprus and Australia, The Times reported.

The newspaper matched details from a dossier prepared by Indian authorities to records held by the UKs Companies House and the Land Registry, as well as the Panama Papers to form a snapshot of the alleged property portfolio.

It is claimed�his syndicate, known as D-Company, once smuggled drugs through Pakistan and across Indian borders for shipment to Europe and North America from the ports at Mumbai, as portrayed in a new BBC series McMafia.

Ibrahim, believed to be hiding in Pakistan, is the inspiration behind an Indian underworld don named "Dilly Mahmood" in the eight-part television series, which highlights the misuse of Britain by globally organised crime syndicates.

"Britain features in his (Ibrahims) criminal world as a place where he can launder money ? a classic�McMafia�tactic. He is thought to have property interests in a variety of southern English counties like Essex and Kent," Misha Glenny, who wrote the non-fiction book McMafia: A Journey Through the Global Criminal Underworld�and is an executive producer on the TV series, told the newspaper.

"But we cant know for certain because the government has been dragging its heels in legislating to force transparency of the beneficial owners of companies registered in our overseas territories," she noted.

In an apparent parallel with Ibrahim, Dilly Mahmood is portrayed as an ambitious gangster rising from a modest background to dominate the black market in Mumbai in the series.

Documents seen by this newspaper also allege that on Ibrahims behalf his right-hand�man, Muhammed Iqbal "Mirchi" Memon, accrued a vast property portfolio in the UK which includes hotels, mansions, tower blocks and houses in suburbs in the south-east of England.

Memon, also a suspect in the 1993 Mumbai attacks, had sought refuge in London after the blasts and attempts to extradite him to India had failed.

He was never convicted of any crimes and denied his involvement in Ibrahims cartel. Memon, who held 11 company directorships in tiling, construction and lettings firms in Britain, died after suffering a heart attack in London in 2013.

Ibrahim, who has an Interpol red notice against him, has been on the UK Treasury sanctions list for years with three recorded addresses in Pakistan.

The gangsters place of birth is recorded as�Kher, Ratnagiri, Maharashtra,�and his nationality is listed as "Indian" with a recorded Indian passport, which was subsequently revoked by the government of India.

Financial sanctions in force in the UK cover measures such as prohibiting the transfer of funds to a sanctioned country and targeted asset freezes on individuals.

In relation to the alleged properties�associated with him in the UK,�Ibrahim would now be a likely target for new Unexplained Wealth Orders introduced by the UK government this week.

UK security minister Ben Wallace, who has described the portrayal of crime bosses in McMafia as "very close to the truth",�wants the "full force of the government" to bear down on criminals and corrupt politicians using Britain as a playground and haven.

"McMafia�is one of those things where you realise that fact is ahead of fiction. Its a really good portrayal of sharp-suited wealthy individuals, but follow the money and it ends up with a young girl getting trafficked for sex," he told The Times in an interview.

"When we get to you, we will come for you, for your assets and we will make the environment that you live in difficult," he warned.

Unexplained wealth orders (UWOs) will require individuals suspected of serious crime or involvement in bribery or corruption to explain the source of property valued at more than 50,000 pounds.

For the first time the UK law also extends recovery powers to cover "politically exposed persons" from countries outside the European Union (EU).

The UK government�estimates that about 90 billion pounds of illegal cash is laundered in Britain every year.

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News Network
February 2,2020

New Delhi, Feb 2: The Congress on Sunday released its manifesto for Delhi polls, promising to implement unemployment allowance of Rs 5,000-7,500 per month and cashback schemes for water and power consumers, if voted to power.

Presenting the manifesto, Delhi Congress chief Subhash Chopra said the party will provide free power up to 300 unit per month.

The manifesto also committed to spend 25 per cent budget each year on fighting pollution and improving transport facilities.

An unemployment allowance of Rs 5,000 for graduates and Rs 7,500 for post graduates per month will be provided under the Yuva Swabhiman Yojna, he said.

The Congress will launch flagship cashback schemes for power and water supply to benefit consumers saving these resources. The party, if voted to power, will open 100 Indira Canteens to provide subsidised meals at Rs 15, Chopra said.

The Congress will challenge the Citizenship Amendment Act (CAA) in the Supreme Court and demand the Centre to withdraw the law. The party will also not implement the National Register of Citizens (NRC) and the existing form of the National Population Register (NPR), if voted to power in Delhi.

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News Network
March 12,2020

New Delhi, Mar 12: The Supreme Court told the Uttar Pradesh government on Thursday that as of now, there was no law that could back their action of putting up roadside posters of those accused of vandalism during anti-CAA protests in Lucknow.

An apex court bench refused to stay the March 9 Allahabad High Court order directing the Yogi Adityanath administration to remove the posters.

The top court, which grilled the Uttar Pradesh government for putting up such posters in public, described the plea as a matter that needed "further elaboration and consideration".

A vacation bench of justices U U Lalit and Aniruddha Bose said a "bench of sufficient strength" would consider next week the Uttar Pradesh government's appeal against the Allahabad High Court order directing the state administration to remove the posters of those accused of vandalism during anti-CAA protests.

It directed the apex court registry to put up the case file before Chief Justice of India (CJI) S A Bobde so that a "bench of sufficient strength can be constituted at the earliest to hear and consider" the case next week.

During the hearing, the bench told Solicitor General Tushar Mehta, appearing for the Uttar Pradesh government, that it was a matter of "great importance".

It asked Mehta whether the state government had the power to put up such posters.

The top court, however, said there was no doubt that action should be taken against rioters and they should be punished.

Mehta told the court that the posters were put up as a "deterrent" and the hoardings only said that these persons were liable to pay for their alleged acts during the violence.

Senior advocate A M Singhvi, appearing for former IPS officer S R Darapuri whose poster has also been affixed in Lucknow, told the bench that the state was duty-bound to show the authority of law backing its action.

He said the action of the Uttar Pradesh government amounted to a "mega blanket" approach of naming and shaming these persons without final adjudication and it was an open invitation to common men to lynch them as the posters also had their addresses and photographs.

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News Network
January 20,2020

Davos, Jan 20: India's richest 1 per cent hold more than four-times the wealth held by 953 million people who make up for the bottom 70 per cent of the country's population, while the total wealth of all Indian billionaires is more than the full-year budget, a new study said on Monday.

Releasing the study 'Time to Care' here ahead of the 50th annual meeting of the World Economic Forum (WEF), rights group Oxfam also said the world's 2,153 billionaires have more wealth than the 4.6 billion people who make up 60 per cent of the planet's population.

The report flagged that global inequality is shockingly entrenched and vast and the number of billionaires has doubled in the last decade, despite their combined wealth having declined in the last year.

"The gap between rich and poor can't be resolved without deliberate inequality-busting policies, and too few governments are committed to these," said Oxfam India CEO Amitabh Behar, who is here to represent the Oxfam confederation this year.

The issues of income and gender inequality are expected to figure prominently in discussions at the five-day summit of the WEF, starting Monday. The WEF's annual global risks Report has also warned that the downward pressure on the global economy from macroeconomic fragilities and financial inequality continued to intensify in 2019.

Concern about inequality underlies recent social unrest in almost every continent, although it may be sparked by different tipping points such as corruption, constitutional breaches, or the rise in prices for basic goods and services, as per the WEF report.

Although global inequality has declined over the past three decades, domestic income inequality has risen in many countries, particularly in advanced economies and reached historic highs in some, the Global Risks Report flagged last week.

The Oxfam report further said "sexist" economies are fuelling the inequality crisis by enabling a wealthy elite to accumulate vast fortunes at the expense of ordinary people and particularly poor women and girls.

Regarding India, Oxfam said the combined total wealth of 63 Indian billionaires is higher than the total Union Budget of India for the fiscal year 2018-19 which was at Rs 24,42,200 crore.

"Our broken economies are lining the pockets of billionaires and big business at the expense of ordinary men and women. No wonder people are starting to question whether billionaires should even exist," Behar said.

As per the report, it would take a female domestic worker 22,277 years to earn what a top CEO of a technology company makes in one year.

With earnings pegged at Rs 106 per second, a tech CEO would make more in 10 minutes than what a domestic worker would make in one year.

It further said women and girls put in 3.26 billion hours of unpaid care work each and every day -- a contribution to the Indian economy of at least Rs 19 lakh crore a year, which is 20 times the entire education budget of India in 2019 (Rs 93,000 crore).

Besides, direct public investments in the care economy of 2 per cent of GDP would potentially create 11 million new jobs and make up for the 11 million jobs lost in 2018, the report said.

Behar said the gap between rich and poor cannot be resolved without deliberate inequality-busting policies, and too few governments are committed to these.

He said women and girls are among those who benefit the least from today's economic system.

"They spend billions of hours cooking, cleaning and caring for children and the elderly. Unpaid care work is the 'hidden engine' that keeps the wheels of our economies, businesses and societies moving.

"It is driven by women who often have little time to get an education, earn a decent living or have a say in how our societies are run, and who are therefore trapped at the bottom of the economy,” Behar added.

Oxfam said governments are massively under-taxing the wealthiest individuals and corporations and failing to collect revenues that could help lift the responsibility of care from women and tackle poverty and inequality.

Besides, the governments are also underfunding vital public services and infrastructure that could help reduce women and girls' workload, the report said.

As per the global survey, the 22 richest men in the world have more wealth than all the women in Africa.

Besides, women and girls put in 12.5 billion hours of unpaid care work each and every day -- a contribution to the global economy of at least USD 10.8 trillion a year, more than three times the size of the global tech industry.

Getting the richest one per cent to pay just 0.5 per cent extra tax on their wealth over the next 10 years would equal the investment needed to create 117 million jobs in sectors such as elderly and childcare, education and health.

Governments must prioritise care as being as important as all other sectors in order to build more human economies that work for everyone, not just a fortunate few, Behar said.

Oxfam said its calculations are based on the latest data sources available, including from the Credit Suisse Research Institute's Global Wealth Databook 2019 and Forbes' 2019 billionaires list.

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