Money Laundering Probe: ED Takes Control of Property Linked to Iqbal Kaska

The Enforcement Directorate (ED) has taken possession of a flat in Mumbai that is allegedly linked to Iqbal Kaskar, a key figure in ongoing money laundering investigations. Kaskar, the brother of notorious underworld don Dawood Ibrahim, is being probed for his involvement in illicit financial activities under the Prevention of Money Laundering Act (PMLA).

The flat, located in a prime area of the city, was seized as part of the ED's efforts to clamp down on illegal assets tied to Kaskar’s criminal network. The action follows an investigation into money laundering activities, with the ED alleging that Kaskar played a pivotal role in facilitating illegal financial transactions and siphoning off substantial sums of money through his criminal operations.

The ED has been conducting a detailed investigation into the assets and financial dealings of the Kaskar-Ibrahim network. The agency has previously attached properties and assets linked to members of the notorious syndicate in a bid to disrupt their operations and seize proceeds from criminal activities.

Kaskar, who has faced numerous criminal charges over the years, was previously arrested in connection with extortion and other crimes. The seizure of the flat is seen as another significant move by Indian law enforcement agencies to target the financial underpinnings of organized crime. The investigation into the Kaskar network continues, with authorities intensifying their efforts to track down illegal assets and bring the perpetrators to justice.