Against the Islamic preacher Zakir Naik, the agencies have begun to tighten the screws. Enforcement Directorate has seized assets of Zakir Naik worth Rs 16.40 crore under the Money Laundering Act. On Saturday, the Enforcement Directorate gave this information. In a statement issued from the ED, it was stated that he has issued a provisional order to seize the registered properties in the name of the members of the family of Naik located in Mumbai and Pune. According to the agency, this action has been taken against Naik under the Prevention of Money Laundering Act.
According to the ED, the property which Zakir has been seized, is estimated to be close to Rs 16.40 crore. Enforcement Directorate has identified these properties as Mumbai’s Fatima Heights and Afiya Heights. In addition, an unknown property has been found in Bhandup area of Mumbai. In Pune, a project named Engracia has also been seized.
According to the ED, Naik did not buy the property to hide his money from money laundering. He made the initial payment by his name and then transferred the fund to his wife, son and nephew. After this the booking was done in the name of the family so that illegal money could be hidden.
The agency said that the complete history of money laundering was found in the investigation in Zakir Naik. After the National Investigation Agency filed a case against Nike against illegal activities, the ED filed a criminal case against him in December 2016.