The (Enforcement Directorate (ED) on Friday moved an application before the PMLA court in Mumbai to declare family members of Iqbal Mirchi as fugitive under the Fugitive Economic Offenders Act, 2018 (FEOA). The agency has sought declaration of Junaid Iqbal Memon, Asif Iqbal (both sons of Iqbal Mirchi) and Hazra Memon (wife of Mirchi)as fugitive economic offenders.
In its plea before the court, the ED has sought confiscation of their assets as envisaged under FEOA.
“In the first phase, prayer has been made for confiscation of 15 Indian properties including 3rd and 4th Floor of Ceejay House and having market value 96 crore ( approx.) & 6 Bank accounts having balance Rs 1.9 Crore. Prayer has also been made for allowing ED to file supplementary applications under FEOA,” the agency said in a statement.
In this case, the ED has provisionally attached assets to the tune of Rs 798 crore (approximately) in India and abroad under the provisions of Prevention of Money Laundering Act.
On the basis of Prosecution Complaint (chargesheet) filed by ED before the Special PMLA Court, Open Ended Non Bailable Warrants have been issued against Asif Memon, Junaid Memon and Hajra Memon.
Till now, these three accused have been evading their presence before the Special Court and the NBWs remain unexecuted, it said adding, further investigation is under progress.
