ED Attaches Zakir Naik’s Properties Worth Rs 50.46 crore; Files Chargesheet For Money Laundering
The Enforcement Directorate (ED) had cracked down on controversial Islamic preacher Zakir Naik heavily, as it filed a charge sheet against him in a Mumbai based court on the charges of money laundering, reports The Economic Times.
The ED also claimed to have identified proceeds of crime to the tune of as much as Rs 212 crore in 12 cases of terror funding. The ED has also identified 52 such properties purchased from such funds.
In this regard, Naik's assets worth Rs 50.46 crore have been attached by the agency. The said assets include investments in mutual funds, the Islamic International School in Chennai, 10 residential flats, three godowns, two buildings and land in Pune and Mumbai.
The agency has also disclosed that Naik was building high-end bungalows in Dubai, UAE. The source of his income in the UAE is still being probed.
The ED had taken up the case and initiated investigations against Naik after a criminal case was registered against him by the National Investigation Agency (NIA).