One of the world’s most wanted gangsters has had his assets frozen – including a hotel in Warwickshire and other residential properties across the Midlands.
Dawood Ibrahim, who is also know as The Don and is currently living in Pakistan, is the second richest criminal to have ever lived after Colombian drug lord Pablo Escobar, according to Forbes business magazine.
The 61-year-old mafia boss’s net worth is estimated to be around $6.7 billion.
Although living in Pakistan, he heads the Indian organised crime syndicate D-Company which he founded in Mumbai in 70s and spans 16 countries across five continents.
Dawood is wanted on the charges of murder, extortion, targeted killing, drug trafficking, terrorism and various other cases.
He was designated as a global terrorist in 2003 with the head money of US$25 million. In 2011, he was named number three on World’s 10 most wanted criminals.
Former Pakistan President General Pervez Musharraf previously admitted that the fugitive underworld don Dawood Ibrahim was in his country but said it would never assist India or any other country to capture Ibrahim.
Ibrahim’s global crime empire called D Company 16 countries across five continents.
Ibrahim now appears on the latest UK Treasury department’s Consolidated List of Financial Sanctions Targets, updated last month, after Indian investigators visited the Midlands to identify and seize the underworld kingpin’s UK assets.
The Treasury sanction document lists three recorded addresses for Ibrahim in Pakistan including one sprawling property called The White House near the Saudi mosque in the seaside suburb of Clifton in Karachi Pakistan.
At the time an Indian government source, who did not want to be identified, said: “Most of Ibrahim’s money, up to half a billion dollars, is tied up in investments in the UK, and then Dubai and India.
“We have spent years trying to arrest him to no avail so now we are going after his money to put pressure on those who are protecting him.”
He added that the ED officers will attempt to seize his UK properties which also includes a hotel in Dartford, Kent, another in Essex and several more in central London.
Ibrahim allegedly controls 70 percent of India’s $1 billion piracy market and has been accused of extorting millions of dollars from Bollywood film producers as well as funding and producing films himself.
But his main illicit business interests include terror funding, drug trafficking and counterfeiting and is reportedly behind a plan to flood India with fake bank notes.
In 2005 his daughter Mahrukh married Pakistan cricket legend Javed Miandad’s son Junaid and now runs an international betting syndicate out of Dubai and is accused of match-fixing in the lucrative Indian Premier League.