Mumbai: The three properties of underworld don Dawood Ibrahim will be auctioned next month out of the 10 seized Properties. A notice has been published in the newspapers by a department under the Union Finance Ministry. The auction will be held on November 14 and advertisements invite interested parties in a sealed envelope.
When Dawood Ibrahim – India’s most wanted – ran away from the country, left behind the properties worth crores, whose value has increased considerably. Ten properties in and around Mumbai were seized by the Central Bureau of Investigation. In 2015, seven properties were auctioned. The Bids came from lawyers and former journalists. But the questions were raised whether the auction was genuine or under his cover, whether ownership of these properties was transferred or not.
Three properties being auctioned at this time are located in South Mumbai’s Bhendi Bazaar area. It is located in the Shabnam Guest House on Yakub Street, five rooms in Dambarwala Building on Pakmodia Street and Hotel Raunak Afroz on the same street.
In the year 2015, Hotel Raunak Afroz was auctioned. Former journalist Balakrishnan had deposited Rs. 30 Lakhs and won the bid. But since he could not deposit the remaining balance – about Rs. 4 crore, the bid was canceled
The Dawood Ibrahim is currently in Pakistan, his brother Iqbal Kaskar was recently arrested in connection with an extortion case, he has trusted to talk to him four times in the last few years. Officials say that Iqbal Kaskar provided addresses of Dawood Ibrahim’s four houses in Karachi.
