Did Dawood lose Rs 45 crore to his own trusted aide?

Is Dawood losing grip on his crime syndicate? Apparently, one of his henchman has reportedly siphoned off at least Rs 45 crore, which was meant to be deposited in a Canadian bank. Latest intercepts by central intelligence agencies suggest that the entire D-Company is worried after the event and could possibly target the person responsible.

Dawood Ibrahim, who is being addressed by his syndicate members as 'Bade Hazrat' these days, is annoyed as one of his 'trusted' accomplices, identified only as Khalique, is suspected to have escaped with the money which was raised in the name of the underworld don.

Intelligence sources say that this is one of the rarest events when somebody within the D-Company is suspected to have dared to have misappropriated money raised in Dawood's name.

Intercepts of conversation amongst members of the D-Company by central intelligence agencies suggest that the former had entrusted Khalique and Rais to deposit Rs 45 crore in Canada and Panama.

According to the intercepts, as per Khalique, the black money belonging to unknown white-collared people in Delhi, was deposited in a Canadian bank. However, his associate Rais made some blunder due to which the bank has refused to release it.

CONVERTING BLACK MONEY INTO WHITE

At times, banks do deposit money on the insistence of clients, but during the diligence exercise, they demand an explanation of the source of the money. Until they are convinced that the deposited money is not proceeds of crime, they do not release it.

Documents accessed by India Today Group show that D-Company members have been engaged in round-tripping (converting black money into white through tax havens) for some white-collared people in India. The intercepts of the telephonic conversation between DCompany's Pakistan operative Jabir Moti and Khalique while he was in Sharjah, show that a D-Company team had transferred the black money to Panama and Canada in 2012.

The operatives had discussed a figure of '45', out of which '20' belonged to a Bollywood superstar and '5' was to be given to D-Company as commission and the remaining was to be invested in Panama and Canada.

It is not clear whether they are talking about Rs 45 crore or Rs 45 thousand crore. The money was supposed to be brought back to India as white money. Some unidentified brokers had been activated by D-Company for this purpose.

Interestingly, during the conversation, Jabir informed Khalique that Rais, who had deposited the money in the banks, informed them that some money had been misappropriated by Khalique in the name of 'Bade Hazrat'.

To this, Khalique replied that he did not misappropriate any money, but it was Rais, who had deposited the money in Panama and Canada, who made some mistake due to which the money was blocked. And the blocked money could only be retrieved after he receives a debit/credit card statement from his banks.

Khalique (who is of Indian-origin) had sent two of his associates to Canada on November 16, 2015, and they were supposed to reach a place where they would receive debit/credit card statements.

Sources said that Khalique and Rais are blaming each other for the goof-up, and Dawood is not happy with this bickering. He wants to know what went wrong due to which the money had been blocked. Sources said that it is suspected Khalique is hiding somewhere in northeast India, and the D-Company is eyeing him for an explanation. Meanwhile intelligence agencies are also trying to identify the people who had provided black money to the D-Company to convert them into white money.

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