The Central Bureau of Investigation (CBI) is preparing to auction the properties of fugitive don Dawood Ibrahim. This step comes after two years after Finance Ministry tried to auction Dawood’s properties under the Smugglers and Foreign Exchange Manipulators (Forfeiture of Property) (SAFEMA) Act, 1976, in which the ministry failed.
According to a report in Indian Express, this auction comes after the TADA court, which pronounced the judgement against seven convicts in 1993 Bombay blasts case, directed the Superintendent of Police, CBI, to expedite the process of attaching properties of 33 wanted accused including Dawood.
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“The SP, CBI/STF, Mumbai, shall take necessary steps to expedite the proceedings initiated for the sale of the attached property in public auction. Similarly, the SP, CBI/ STF, Mumbai, shall also initiate further proceedings for Attachment of the Properties of the absconding accused in Mumbai or in any part of India,” Judge G A Sanap said during the judgement.
After the judgement, the CBI has started the process of listing Dawood’s properties and reaching out to the Revenue Department under Finance Ministry. CBI is also seeking help of Enforcement Directorate (ED) who had recently prepared a report against Dawood. In addition, CBI will also get in touch with Mumbai Police to get details about properties held by other fugitive gangsters such as Tiger Memon and Mohammad Dossa.
An official told Indian Express, “The Mumbai Police have dealt with the underworld and therefore, we would also seek their expertise in finding out about the properties held by the other 32 wanted accused.”
