Dawood Ibrahim is world's 'second richest criminal ever' after Pablo Escobar
Underworld don Dawood Ibrahim Kaskar, who is wanted in India in connection with the 1993 Mumbai serial blasts case, is the 'second richest criminal ever' after Colombian drug lord Pablo Escobar.
New Delhi: Underworld don Dawood Ibrahim Kaskar, who is wanted in India in connection with the 1993 Mumbai serial blasts case, is the 'second richest criminal ever' after Colombian drug lord Pablo Escobar.
According to popular UK tabloid Mirror, the gangster against whom the authorities in the United Kingdom have initiated tough proceedings, is believed to be the owner of several posh properties estimated to be worth $6.7 billion.
Dawood, who has been hiding in Pakistan for a long time, is the 'second richest criminal ever' after Colombian drug lord Pablo Escobar, according to it.
The properties owned by the 61-year-old gangster, who goes by at least 21 aliases, is estimated to be worth USD 6.7 billion (£5.05 billion).
The dreaded gangster also carries a rewards totalling USD 25 million on his head for any information leading to his arrest, according to the Forbes business magazine.
As per reports, Dawood owns a hotel in Warwickshire and other residential properties across the Midlands in the UK.
This fugitive gang-lord, who runs 'D Company' – a powerful organised crime syndicate – is the son of a Mumbai policeman.
Dawood's alleged global crime empire has its roots across 16 countries across five continents.
If the Indian authorities are to be believed, Dawood has strong ties with al Qaeda, and is the man 'primarily responsible' for a series of bombings in Mumbai in 1993 and for planning the Mumbai massacre in 2009.
According to the Birmingham Mail, Dawood's Midlands properties has been under scanner of the Enforcement Directorate (ED) for a long time.
Dawood Ibrahim, who is known as 'The Don' in the underworld circle, has been placed in the UK Treasury Department’s Consolidated List of Financial Sanctions Targets, which was updated last month.
The Treasury sanction document lists 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.
In 2015, the Indian investigators visited the Midlands to identify and seize the underworld kingpin’s assets in the UK.
Ibrahim also allegedly controls 70 percent of India’s USD 1 billion piracy market and has been accused of extorting millions of dollars from Bollywood film producers as well as funding and producing films himself.
However, his major money spinners are his illicit business interests which include terror funding, drug trafficking and counterfeiting.
An ardent cricket lover fan, Dawood married his daughter Mahrukh to the son of Pakistan cricket legend Javed Miandad in 2015.
Dawood also runs an international betting syndicate out of Dubai and is accused of match-fixing in the lucrative Indian Premier League, as per reports.
Dawood has been labelled as an associate and fund raiser of al Qaeda, while the US Treasury Department declared him a global terrorist in 2013.