Dawood Ibrahim’s Assets To Be Auctioned Today

Assets on auction include an eatery on Pakmodia Street where the gangster lived in 1980s, tenancy rights of a room in a building at Matunga and a vehicle gathering dust in the premises of a police station in suburban Ghatkopar. Now the appropriate authorities are selling those, under the Smugglers & Foreign Exchange Manipulators (Forfeiture of Properties) Act.

Downplaying the threat he had allegedly received from Shakeel against buying the property, the former scribe said, “It would have been shameful for the country had we been kept away from the process”.

This isn’t the first time that a “benami” property of the underworld don will be auctioned.

Local police force was deployed at the site to prevent any untoward incident.

Indian police have been unable to trace him for decades, but for as little as 4,000 rupees (40 pounds), bidders can snap up a auto he purportedly owned – a 15-year-old green Hyundai Accent sedan now parked in a working-class Mumbai suburb. The 32.77 square-metre room in Matunga is worth Rs 50.44 lakh.

Lawyer Shrivastava, who had earlier in an auction won an industrial unit in Tardeo owned by Dawood in 2001, has not yet got its possession as the don’s sister Haseena Parkar had challenged it in court.

Reportedly, the starting bid will be 1 crore and 18 lakh and 8 December was the last date for sending application.

The Hindu Mahasabha top official said to media that a well wisher who is closely associated with the organization was taking part in the auction in his personal capacity, and the Mahasabha was powerfully supporting him. What happened to you?

When asked about funding for the property, which he has to manage within a month, Balakrishnan said he would arrange money from the common people of the country. “This is their style of saying: keep off”, he said. He now plans to open an English-speaking and computer institute on the property. It will be named after great patriot Ashfaqullah Khan. A party leader said, “The worker from our party had tried bidding for Dawood’s properties earlier, but there were technical error”.