NEW DELHI – The Indian ED has attached fresh assets worth Rs 16.40 crore inconnection with its money-laundering probe against Islamic preacher ZakirNaik, it said on Saturday.
The Enforcement Directorate (ED), in a statement, said it had issued aprovisional order for attachment of assets registered in the name of Naik’sfamily members, located in Mumbai and Pune, under the Prevention of MoneyLaundering Act (PMLA).
The estimated value of the immovable assets was Rs 16.40 crore, the centralprobe agency said.
The ED identified the properties as Fatima Heights and Aafiyah Heights inMumbai, an unnamed project in the Bhandup area of Maharashtra’s capitalcity and a project named Engracia in Pune.
Read Top Stories
“In order to disguise the origin of funds and real ownership of theproperties, the initial payments made from Naik’s bank account wererefunded and diverted to the accounts of his wife, son and niece andre-routed again for the purpose of making bookings in the name of thefamily members rather than Naik.
“This has been revealed from the money trail established by the ED,” theagency said.
