A special Prevention of Money Laundering Act (PMLA) court on Thursday sent underworld fugitive Dawood Ibrahim's brother Iqbal Kaskar to judicial custody for 14 days. He has already been under judicial custody since February 18 in a money laundering case.
Iqbal Kaskar is being probed by the Enforcement Directorate for extorting a builder.
In the five-page remand copy submitted by the ED in the court, the
probe agency claimed that after Kaskar was deported to India, he started extorting money from various builders or celebrities by pressuring them with the help of his brother's image as a global terrorist. Kaskar used his henchmen for this act and collected money on behalf of Dawood Ibrahim.
The ED claimed that they had evidence in their possession that Kaskar was regularly receiving substantial proceeds of crime from Dawood Ibrahim.