Mumbai: Dawood Ibrahim ‘s fearsome reputation as a “global terrorist” and the architect of the biggest global narco-terror syndicate does not seem to have deterred one of his henchmen, Khalique Ahmad, from stealing as much as Rs 40 crore from the don himself.
According to intelligence intercepts, Khalique was supposed to have picked up Rs 45 crore from a New Delhi-based “safedposh” (white-collared person) and sent Rs 40 crore abroad through hawala channels, after keeping Rs 5 crore as Dawood’s “transfer cost”. The 40 crores apparently disappeared, along with Khalique.
Indian agencies learnt about the “embezzlement” through taped conversations between Jabir Moti, Dawood’s henchman in Pakistan, and Khalique Ahmad, who used to shuttle between India and Sharjah, and used the number +9170852*22**.
In the intercepts, Moti is heard telling Khalique that Dawood’s man, Razzak bhai, had raised the issue of misappropriation in the transaction. According to Razzak, Khalique misused the name of Bade Hazrat (Dawood) to swindle the money, causing a dent in the don’s reputation.
The intercepts reveal that two of D Company “detectives” had even been sent from Delhi to Canada on November 26, 2015 to investigate the “fraud”. Khalique is currently believed to be hiding in Manipur, sources said. Half of the Rs 40 crore was to be sent to a Panama bank and the other half was to be invested in Dawood’s businesses abroad.
In the conversations, Khalique denies the embezzlement allegations and says there had been some confusion. He explains that “broker accounts” had been activated to stash the cash wired from India. According to Khalique, Razzak had made some mistake in depositing the money in these accounts due to which the money had been blocked. He assures Moti that the money in Panama should be intact.
Khalique further suggests the money could be withdrawn by him after he receives his credit/debit statements from the Panama bank. Or, he said, Razzak could take the money back into his account.
Soon thereafter, Khalique went underground proving that he had indeed conned Dawood. The intercepts also confirm that apart from dealing in arms, extortion, conflict diamonds and narco-terrorism, India’s most wanted man and global terrorist Dawood Ibrahim had taken to money laundering and controlled a chunk of the black money racket in India.
His men pick up cash from door-steps in Delhi, Mumbai and other areas and wire it to Panama, Canada, Dubai and Pakistan through hawala channels. The money is deposited in anonymous bank accounts or invested in companies. A chunk of the money is also invested with Dawood’s syndicate itself.
After a few years, the money is routed back to India and returned to the owners as “white” money. The D Company does this at a steep price. For instance, the transfer cost of the Rs 45 crore transaction was 5 crores.
“The operation was carried out under the aegis of the syndicate which was supposed to bring the money back to the country in 2015,” says an intelligence agency document.