Setback for Dawood Ibrahim; Britain seizes properties worth Rs 45,000 cr

In a major victory for Indian government, the United Kingdom (UK) government has seized properties belonging to underworld don Dawood Ibrahim.

Britain seizes assets and properties of underworld don Dawood Ibrahim worth around Rs 45,000 crore. Dawood is the mastermind behind Mumbai serial blasts. The action comes after PM Modi visited Britain and asked his British counterpart to take an action against properties of Dawood. Dawood is currently residing in Pakistan. He is on the top of India's list of most wanted criminals.

The Birmingham Mail reported that Dawood owns a hotel in Warwickshire and other residential properties across the Midlands. The UK authorities froze Ibrhaim's assets including a hotel in Warwickshire and other residential properties across the Midlands. Dawood Ibrahim is the only 'Indian national' on an updated list of financial sanctions released by the UK in August this year.

India has been in talks with the agencies in the United Kingdom regarding the properties of Dawood Ibrahim. The Treasury sanction document lists 21 aliases and 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.Kaskar Dawood Ibrahim ,who goes by 21 aliases, is estimated to be worth $6.7 billion while reward totaling $25m are on offer for his capture. He is the second richest criminal to have ever lived, after Colombian drug lord Pablo Escobar.