India's Enforcement Directorate (ED) money laundering probe 'revealed' Islamic scholar and preacher Zakir Naik's Indian Rs193 crore assets, including 20 flats in Mumbai and Pune.
The ED claims that Naik diverted Islamic funds sent from all the world for welfare of Muslims to buy personal property.
The ED last Friday arrested his close aide Najmudin Sathak, who assisted Naik in organizing 'dubious' funds from the United Arab Emirates, Saudi Arabia, Bahrain, Oman and Kuwait. Another aide Azam Gazdar was also arrested by the law enforcing department.
Naik is accused of raising Indian Rs65 crores from these countries between 2004-2017.
Naik is also said to have received Indian Rs49 crores from unexplained sources in the UAE which he used to buy 20 flats in Mumbai and Pune. 9 flats were bought at Fatima Heights and Aafia Heights in the name of his wife and children in Mumbai. 11 others were bought at Engracia in Pune.
“The booking amounts were paid by routing of unexplained fun received by Naik through the bank accounts of his wife, son and niece," a source told Times of India.
Moreover, a transaction trail revealed that Naik's investment of Indian Rs13 crores to buy properties in Mumbai.
Naik is also wanted by the Indian authorities on accusations of preaching 'hatred' and inciting people to 'violence'. In November 2017, India's counter-terrorism agency the National Intelligence Agency (NIA) filed a First Information Report (FIR) against Zakir for promoting 'religious hatred'.
Bharatiya Janata Party (BJP) also placed a 5-year ban on Zakir's organization Islamic Research Foundation (IRF) under the anti-terror laws.
Have something to say about the story? Write in the comments section below
The ED claims that Naik diverted Islamic funds sent from all the world for welfare of Muslims to buy personal property.
The ED last Friday arrested his close aide Najmudin Sathak, who assisted Naik in organizing 'dubious' funds from the United Arab Emirates, Saudi Arabia, Bahrain, Oman and Kuwait. Another aide Azam Gazdar was also arrested by the law enforcing department.
Naik is accused of raising Indian Rs65 crores from these countries between 2004-2017.
Naik is also said to have receieved Indian Rs49 crores from unexplained sources in the UAE which he used to buy 20 flats in Mumbai and Pune.
Naik is also said to have received Indian Rs49 crores from unexplained sources in the UAE which he used to buy 20 flats in Mumbai and Pune. 9 flats were bought at Fatima Heights and Aafia Heights in the name of his wife and children in Mumbai. 11 others were bought at Engracia in Pune.
“The booking amounts were paid by routing of unexplained fun received by Naik through the bank accounts of his wife, son and niece," a source told Times of India.
Moreover, a transaction trail revealed that Naik's investment of Indian Rs13 crores to buy properties in Mumbai.
Naik is also wanted by the Indian authorities on accusations of preaching 'hatred' and inciting people to 'violence'. In November 2017, India's counter-terrorism agency the National Intelligence Agency (NIA) filed a First Information Report (FIR) against Zakir for promoting 'religious hatred'.
Bharatiya Janata Party (BJP) also placed a 5-year ban on Zakir's organization Islamic Research Foundation (IRF) under the anti-terror laws.
Have something to say about the story? Write in the comments section below