After reports that the originator of world’s biggest narco-terror syndicate Dawood Ibrahim is suffering from life-threatening gangrene, his fearsome reputation seems to be fading away as one of his aides, Khalique Ahmed, stole Rs 40 crore from the underworld don himself.
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As per intelligence reports, Khalique was supposed to have picked up Rs 45 crore from a New Delhi-based “safedposh” (white-collared person) and sent Rs 40 crore overseas through hawala channels, after keeping Rs 5 crore as Dawood’s “transfer cost, but the 40 crores apparently disappeared, along with Khalique”, TOI reported.
Dreaded underworld don Dawood Ibrahim has apparently been duped out of a whopping Rs 40 crore by one of his own men.
The media house quoted intelligence agencies as saying that Dawood was not cheated of Rs 40 crore but the government got several of his transactions in UAE, Canada, UK and Australia seized over the past two years. He is suspected to be hiding in Manipur now. He explains that “broker accounts” had been activated to stash the cash wired from India. He mentions that Razzak had made a mistake in depositing the money because of which the transaction was blocked. He assures Moti that the money in Panama should be intact. But, after receiving the money he disappeared.
The bank, when asked about the credentials of the end person, did not provide any and thus the transaction money was shifted to some sundry accounts in parts.
Soon thereafter, Khalique went underground proving that he had indeed conned Dawood. His men pick up cash from door-steps in Delhi, Mumbai and other areas and wire it to Panama, Canada, Dubai and Pakistan through hawala channels. Some amount of money is also invested with Dawood’s syndicate itself. It also shows that he has expanded his business from arms, narcotics and other contraband to money-laundering.
What is of concern, though is that Dawood sent the two people from Delhi, indicating that his network was still quite active in India, and that he had a strong presence in the country’s black money market, a lot of which is routed through hawala. The D Company does this business at a very steep price. He was allowed to keep Rs 5 crore as the ‘transfer cost’.
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Meanwhile, intelligence agencies are now tracking front-men of Dawood in India and other countries to gather information about new modes of transaction.
