Iqbal Mirchi's assets in Worli, Dubai set to be attached under FEO Act
India, May 15 -- The Enforcement Directorate (ED) has initiated steps to attach immovable assets in Worli and Dubai, linked to deceased narcotics trafficker Iqbal Mirchi and his family. The properties will be attached under the Fugitive Economic Offenders Act (FEOA) after the agency received the green signal from a special court.
The properties are likely to be attached within a week as part of ED's money-laundering investigation into Mirchi. They include Worli-based land parcels on which three buildings - Sea View, Marium Lodge and Rabia Mansion - once stood on Dr Annie Besant Road.
Mirchi had allegedly acquired the properties from a trust in 1986 for Rs.6.5 lakh through his partnership firm, Rockside Enterprises. The properties were h...
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