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Dawood Ibrahim Uses Classic 'McMafia' Tactic to Launder Money With Properties in UK : Report

It is claimed his syndicate, known as D-Company, once smuggled drugs through Pakistan and across Indian borders for shipment to Europe and North America from the ports at Mumbai, as portrayed in a new BBC series 'McMafia'.

PTI

Updated:February 3, 2018, 10:26 PM IST
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Dawood Ibrahim Uses Classic 'McMafia' Tactic to Launder Money With Properties in UK : Report
Underworld don Dawood Ibrahim has been accused of masterminding the 1993 Mumbai serial blasts in which 257 people were killed. (Network 18 Creatives)
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London: India's most wanted terrorist Dawood Ibrahim has been linked to a series of properties across Britain, according to a media report today. The 62-year-old fugitive mafia boss, wanted in India as the mastermind of the Mumbai bomb blasts in 1993 and accused of crimes such as match-fixing and extortion, accrued a vast property portfolio across the Midlands and south-east in the UK as well as India, the United Arab Emirates, Spain, Morocco, Turkey, Cyprus and Australia, 'The Times' reported.

The newspaper matched details from a dossier prepared by Indian authorities to records held by the UK's Companies House and the Land Registry, as well as the Panama Papers to form a snapshot of the alleged property portfolio.

It is claimed his syndicate, known as D-Company, once smuggled drugs through Pakistan and across Indian borders for shipment to Europe and North America from the ports at Mumbai, as portrayed in a new BBC series 'McMafia'.

Ibrahim, believed to be hiding in Pakistan, is the inspiration behind an Indian underworld don named "Dilly Mahmood" in the eight-part television series, which highlights the misuse of Britain by globally organised crime syndicates.

"Britain features in his (Ibrahim's) criminal world as a place where he can launder money a classic 'McMafia' tactic. He is thought to have property interests in a variety of southern English counties like Essex and Kent," Misha Glenny, who wrote the non-fiction book 'McMafia: A Journey Through the

Global Criminal Underworld, and is an executive producer on the TV series, told the newspaper.

"But we can't know for certain because the government has been dragging its heels in legislating to force transparency of the beneficial owners of companies registered in our overseas territories," she noted.

In an apparent parallel with Ibrahim, Dilly Mahmood is portrayed as an ambitious gangster rising from a modest background to dominate the black market in Mumbai in the series.

Documents seen by this newspaper also allege that on Ibrahim's behalf his right-handman, Muhammed Iqbal "Mirchi" Memon, accrued a vast property portfolio in the UK which includes hotels, mansions, tower blocks and houses in suburbs in the south-east of England.

Memon, also a suspect in the 1993 Mumbai attacks, had sought refuge in London after the blasts and attempts to extradite him to India had failed. He was never convicted of any crimes and denied his involvement in Ibrahim's cartel. Memon, who held 11 company directorships in tiling, construction and lettings firms in Britain, died after suffering a heart attack in London in 2013.

Ibrahim, who has an Interpol red notice against him, has been on the UK Treasury sanctions list for years with three recorded addresses in Pakistan. The gangster's place of birth is recorded as Khed, Ratnagiri, Maharashtra, and his nationality is listed as "Indian" with a recorded Indian passport, which was subsequently revoked by the government of India.

Financial sanctions in force in the UK cover measures such as prohibiting the transfer of funds to a sanctioned country and targeted asset freezes on individuals. In relation to the alleged properties associated with him in the UK, Ibrahim would now be a likely target for new 'Unexplained Wealth Orders' introduced by the UK government this week.

UK security minister Ben Wallace, who has described the portrayal of crime bosses in 'McMafia' as "very close to the truth", wants the "full force of the government" to bear down on criminals and corrupt politicians using Britain as a playground and haven.

"'McMafia'is one of those things where you realise that fact is ahead of fiction. It's a really good portrayal of sharp-suited wealthy individuals, but follow the money and it ends up with a young girl getting trafficked for sex," he told 'The Times' in an interview.

"When we get to you, we will come for you, for your assets and we will make the environment that you live in difficult," he warned. Unexplained wealth orders (UWOs) will require individuals suspected of serious crime or involvement in bribery or corruption to explain the source of property valued at more than 50,000 pounds.

For the first time the UK law also extends recovery powers to cover "politically exposed persons" from countries outside the European Union (EU). The UK government estimates that about 90 billion pounds of illegal cash is laundered in Britain every year.

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| Edited by: Tarun Bhardwaj
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