Five booked for money laundering

PANJIM: Enforcement Directorate has charged five persons including three from Bhatkal, Karnataka, with money laundering, five months after they were arrested by the air intelligence unit of Goa Customs for attempting to smuggle gold at Dabolim airport.

The men identified as Shaikh Mohd Javid and Prakash Manotgi, both residents of Vasco, Mohammed Saleem Musba, Imtiyaaz Husain and Mohammed Asif, all three hailing from Bhatkal, are being investigated for allegedly possessing illegal wealth under the Prevention of Money Laundering Act. 
 “Javid is the master mind behind the smuggling of gold at the Goa airport and had attempted the same exercise on earlier occasions too. He is in possession of several properties in Goa which are suspected to be earned through smuggling activities. There is substantial material relating to the offence of money laundering against the accused.” 

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