'Dawood's Assets in UAE Under Scanner'

Indian Intelligence report indicated that Feroz, a close aide of Dawood, handles affairs of the don’s companies and stays in Dubai.

Published: 08th September 2015 04:49 AM  |   Last Updated: 08th September 2015 04:49 AM   |  A+A-


Dawood Ibrahim (File photo)

NEW DELHI: With India firming up its ties with the UAE through a visit by Prime Minister Narendra Modi to the Gulf country and the subsequent visit of UAE Foreign Minister Sheikh Abdullah Bin Zayed Al-Nahyan to New Delhi, it seems things are moving in the right direction in the Dawood Ibrahim case.It is not yet confirmed whether the UAE Government has started attaching the properties of the underworld don and India’s most wanted terrorist, but sources said the authorities are carrying out a probe into his assets and companies.

However, a senior government official denied it when asked whether India received any communication from the UAE on Dawood’s assets.

Dawood is reportedly operating at least five entities through proxy ownership and some of his close aides directly handle affairs of Oasis Oil & Lube LLC, Al Noor Diamond, Oasis Power LLC, Dolphin Construction and Moin Garments.

Besides, Dawood is said to have invested huge sums in Dubai’s real estate and owns several housing projects that are being looked after by Javed, a Pakistani national.

Indian Intelligence report indicated that Feroz, a close aide of Dawood, handles affairs of the don’s companies and stays in Dubai.

For long, Dawood had a free run in the Gulf countries. But things have started to change  after India developed strategic ties with several Middle East countries.

Stay up to date on all the latest Nation news with The New Indian Express App. Download now
(Get the news that matters from New Indian Express on WhatsApp. Click this link and hit 'Click to Subscribe'. Follow the instructions after that.)


Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp