UK WILL RE­GRET BREXIT: JUNCKER

Millennium Post - - FRONT PAGE -

LON­DON: In a boost for In­dian agen­cies, author­i­ties in the United King­dom have seized prop­er­ties be­long­ing to fugi­tive don Da­wood Ibrahim, the me­dia re­ported on Wed­nes­day.

Da­wood Ibrahim’s name ap­pears on the lat­est UK Trea­sury Depart­ment’s “Con­sol­i­dated List of Fi­nan­cial Sanc­tions Tar­gets”, the Birm­ing­ham Mail re­ported.

The as­sets which have been frozen in­clude prop­er­ties in Mid­lands. Da­wood Ibrahim owns a ho­tel in War­wick­shire and res­i­den­tial prop­er­ties across the Mid­lands, ac­cord­ing to the re­port. The Trea­sury sanc­tion doc­u­ment lists three recorded ad­dresses for Da­wood Ibrahim in Pak­istan in­clud­ing one called The White House in the sea­side Clifton area in Karachi. It also lists 21 aliases used by the don.

The sanc­tions pro­hibit the trans­fer of funds to any­one on the list and freezes any as­sets the tar­gets may hold in the UK.

The In­dian in­ves­ti­ga­tors had been pur­su­ing Da­wood Ibrahim’s as­sets in the UK and vis­ited the Mid­lands in 2015 to iden­tify his as­sets. A large chunk of Da­wood Ibrahim’s money has been in­vested in the UK and in Dubai.

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