British Government seizes United Kingdom properties worth 6.7 billion Dollars of Dawood Ibrahim

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In 2015, Forbes magazine had estimated that the 61-year-old criminal was worth $6.7 billion (more than Rs 42,000 crore).

Dawood, the mastermind of the 1993 Mumbai serial blasts in which 257 were killed, appears on UK's latest list of Financial Sanctions Targets. In a validation of India's stand that the man it has hunted for over two decades has been shielded by Pakistan, the United Nations agency amended its entry on Dawood previous year by adding his addresses in Karachi. The details about his other Indian passport numbers including R841697 issued in Mumbai on November 26, 1981, and F823692 on September 2, 1989, too have already been given to the Interpol as well as the UN. The assets which have been frozen include the underworld don's properties in the Midlands. According to reports, several of Dawood's properties in the United Kingdom had been transferred by him to his oldest daughter Mahrukh Ibrahim and her husband Junaid, who is the son of Pakistani cricketer Javed Miandad.

Even though fugitive gangster Dawood Ibrahim has been declared a global terrorist, authorities are facing "legal hurdles" in seizing his properties in the city, a senior police official said today.

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"Kaskar Dawood Ibrahim" is recorded to have lived at - House No 37, 30th Street - Defence Housing Authority, Karachi, Pakistan; Noorabad, Karachi, Pakistan (Palatial bungalow in the hilly area); and White House, Near Saudi Mosque, Clifton, Karachi, Pakistan. It is believed that Dawood's total assets are worth $6.7 billion. He fled the country post the bombings and is understood to be hiding in Pakistan. Dawood also possesses a string of Indian and Pakistani passports, he acquired illegally and misused to float aliases.

However, according to DNA, a fortnight ago, former Pakistan president Pervez Musharraf had hinted that Dawood was in his country, but also added that it would not assist India to capture him.

"India has been accusing Pakistan for long". Mehrishi had said the government is taking all required action so that Dawood could be brought back to India.

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