New Delhi. Taking action under the Money Laundering Act 2002, the Enforcement Directorate has seized a flat worth Rs 55 lakh of Mumtaz Ejaz Shaikh in Thane district of Maharashtra. On 18.9.2017 a complaint was registered against Mumtaz Ejaz Shaikh, Israr Ali Jameel Sayyed and Iqbal Kashkar under Section 173 of the Indian Penal Code. The ED investigation has revealed that Suresh Devichand Mehta along with his partner Darshan Enterprises is engaged in the business of building construction.
The accused Iqbal Kaskar, Mumtaz Shaikh and Israr Ali Jameel Syed managed to extort money from a flat in Thane in the name of Mumtaz Ejaz Shaikh, due to their close association with underworld gangster Dawood Ibrahim Kaskar. In addition to the flat, checks called for by the builder have been encashed in the form of cash. These accounts were opened only for withdrawal of money. The sole purpose of these accounts was to withdraw money and no activity was allowed through these accounts. The amount of recovery through these accounts was hidden. Please inform that Ibrahim Iqbal Kashkar was arrested for his involvement in money laundering case. He is currently in judicial custody in the money laundering case.
At the same time, the recently seized flat of Ibrahim Kashkar was done in a money laundering case. Now in such a situation, what some clues come out in this case by the investigating agency later. All eyes will be on this. On the other hand, according to media reports, Iqbal Kashkar is also involved in many illegal activities, which is being investigated. Now in such a situation, what truth comes out about this whole episode. This will be something to be seen.