Chennai: Enforcement directorate on Friday attached 124 immovable properties, worth over Rs 150 crore, of wanted Dubai based don Sridhar Dhanapal and his family members, under the provisions of Prevention of Money Laundering Act, 2002 (PMLA).
This apart from the four properties worth over Rs 5 crore in his name, which are under process of being attached by the Kancheepuram police. He is involved in many cases of extortion, murder, attempt to murder and illegal possession of arms etc in Tamil Nadu and has been declared a proclaimed offender.
According to ED officials 26 FIRs are filed in various Police Stations of Tamil Nadu, against him and his associates. “Sridhar has been evading the judicial proceedings in India for past 3 years and it is learnt that he flew away from India in the year 2013 and stationed in Dubai after he came out of jail on a bail after being arrested. Though he is stationed in Dubai, his associates had been grabbing land on his instruction over phone after threatening the owners in Kancheepuram,” police noted.
A red corner notice was issued against him by Central Bureau of Investigation, National Central Bureau-India Interpol, New Delhi. “Sridhar & his wife have not appeared for the summons and are evading the investigations in this regard. The Enforcement Directorate during money laundering investigations found that the said person had committed the offence of money laundering and using the proceeds of crime, acquired 124 immovable properties in his name and name of his wife, daughter and brother.
The investigations revealed that Sridhar never had a legitimate income and during his earlier days he had been doing illicit liquor business along with his brother D. Senthil,” an ED official noted.
Therefore 5 properties of guide line value of Rs 6.19 crores registered in his name, 68 properties of about Rs 24.62 crores and two movable properties of about Rs 34 lakhs (SB account & fixed deposit account) in the name of his wife, 11 properties of about Rs 25.65 crores registered in the name of his daughter and 40 properties of about Rs 23.30 crores registered in the name of his brother have now been provisionally attached.
Total guide line value of properties attached provisionally under the provisions of PMLA is about Rs 80 crore and the market value is estimated to be about Rs 150 crore, disclosed ED official.
