ED attaches assets worth ₹ 22.42 crores of Iqbal Mirchi’s family in money laundering case

New Delhi: Assets worth over Rs 22.42 crore, including a cinema hall and a hotel of gangster Iqbal Mirchi’s family have been attached in connection with a money laundering case, the Enforcement Directorate (ED) said on Tuesday.

A provisional order for attaching the properties has been issued under the Prevention of Money Laundering Act (PMLA).

“The attached assets includes a talkies (cinema hall) and a hotel in Mumbai, an under construction hotel, a farm house, two bungalows and 3.5 acre land in Panchgani,” the central investigative agency said in a statement.

Earlier, ED attached assets totalling to the tune of Rs 776 Crore including overseas assets of Rs 203 Crore. Now including this attachment, the total attachment in this case is ₹ 798 Crore (Approx).

ED initiated investigation under PMLA against Iqbal Memon alias Mirchi and others on 26.09.2019. In the matter, five accused persons including Kapil Wadhawan, Dheeraj Wadhawan & Humayun Merchant were arrested. A Prosecution Complaint has also been filed in the case on 09.12.19 before the Special PMLA Court and cognizance of the same has been taken by the Court.

Open Ended Non Bailable Warrants have been issued against Asif Memon, Junaid Memon (both sons of Iqbal Mirchi) and Hajra Memon (wife of Iqbal Memon) for their role in the offence of Money Laundering.