Dawood Ibrahim's properties worth $6.7 billion frozen by British authorities

Last Updated: Wed, Sep 13, 2017 12:34 hrs
Dawood Ibrahim

New Delhi: British authorities have frozen properties belonging to fugitive Indian underworld gangster Dawood Ibrahim. Reports say assets worth $6.7 billion (Rs 670 crores) belonging to the wanted underworld don have been seized by British authorities.

Dawood, who Indian agencies claim runs his crime empire from Cliffton area in Karachi, Pakistan, appears on the latest UK Treasury department's Consolidated List of Financial Sanctions Targets, updated last month.

According to Forbes, Dawood Ibrahim is one of the richest gangsters of all time. In 2015, Forbes estimated Dawood Ibrahim's net asset at US$ 6.7 billion (Rs 670 crores).

Dawood Ibrahim has his business interests in more than a dozen countries spread over Europe, Africa and South Asia. He has assets worth US $450 million (Rs 4,500 lakhs) in the UK alone. He is said to have invested in over 50 properties in different countries.

Dawood Ibrahim, who is an accused of carrying out 1993-Mumbai bomb blasts, has been named by the UN Security Council's IS and al-Qaida Sanctions Committee as global terrorist.

The UN list has put out 15 aliases of Dawood Ibrahim. These are: Dawood Ebrahim, Sheikh Dawood Hassan, Abdul Hamid Abdul Aziz, Anis Ibrahim, Aziz Dilip, Daud Hasan Shaikh Ibrahim Kaskar, Daud Ibrahim Memon Kaskar, Dawood Hasan Ibrahim Kaskar, Dawood Ibrahim Memon, Dawood Sabri, Kaskar Dawood Hasan, Shaikh Mohd Ismail Abdul Rehman, Dowood Hassan Shaikh Ibrahim, Shaikh Ismail Abdul and Hizrat.

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