The Enforcement Directorate has attached properties worth Rs 16.4 crore in Mumbai and Pune under the Prevention of Money Laundering Act in connection with a terror case relating to preacher Zakir Naik. The ED had already made two provisional attachments worth Rs 34.09 crore. Further investigations revealed that funds to the tune of Rs 49.2 crore were received in Naik’s bank accounts in India from his Dubai accounts. An ED media statement accused Naik of deliberately and maliciously insulting religious beliefs and said he was receiving funds for such activities. “Zakir Naik used the funds to the tune of Rs 17.65 crore for purchase of properties from builders…,” the statement said.

Source: The Telegraph January 19, 2019 21:56 UTC