Telephonic intercepts show that D-Company is round-tripping money for a top Bollywood superstar and some unidentified white-collar people of India.The bollywood actor is understood to have been indentified
New Delhi: In a shocking revelation, Indian security agencies have reportedly identified a prominent Bollywood actor as well as some other Indians who have been receiving the D Company’s help to park their illegal money abroad.
India Today reported that the security agencies have identified the Bollywood actor after intercepting calls made by two Dawood operatives based in Pakistan and Sharjah, UAE.
CONVERTING BLACK MONEY TO WHITE FOR BOLLYWOOD SUPERSTAR
Bade Hazrat is the new code name being used for Dawood Ibrahim by his operatives during their conversations. What is even more interesting is that one of Dawood’s operative has siphoned off a part of the black money of white-collar persons meant to be sent to Panama and Canada. Dawood is worried that his reputation in the underworld will take a beating due to the breach of trust by one of his own men.
ROUND-TRIPPING
Round-tripping is a term used for the illegal act of converting black money into white by routing it to tax havens and then bringing it back to India. Decades ago, D-Company had connections with the Bollywood industry. However, due to pressure of crackdown by enforcement agencies, he had snapped his ties. The intercepts of telephonic conversation between D-Company’s Pakistan-based operative and another in Sharjah, show that a DCompany team had transferred black money to Panama and Canada as late as 2012.
The operatives had discussed a figure of ’45’, of which ’20’ belonged to a Bollywood superstar and ‘5’ was to be given to D-Company as commission and the remaining was to be invested in Panama and Canada. It is not clear whether they were talking about `45 crores or `45 thousand crores.
The money was supposed to be brought back to India as white money. Some unidentified brokers had been activated by D-Company for this purpose. Interestingly during the conversation the top Pakistan-based operative informed the Sharjah-based operative that the third person, who had deposited the money in banks informed them that some money had been misappropriated by Sharjah-based operative in the name of “Bade Hazrat.” To which the Sharjahbased operative replied that there has been no misappropriation on his part.
MONEY BLOCKED
But the person who had deposited the money in Panama and Canada made some mistake due to which the money was possibly blocked in banks. And the blocked money could only be retrieved after he received debit/credit card statements from his banks. The Sharjah-based operative (who is of Delhi-origin) had sent two of his associates to Canada on November 16, 2015 and they were to reach a place where they were to receive debit/credit card statements.
However intelligence sources said the Sharjahbased operative and the person who deposited the money are blaming each other for the goofup. And that Dawood is not happy with this bickering. He wants to know what went wrong due to which the money of white-collared persons have been blocked. Intelligence sources say it is more important to identify those Indians, including the Bollywood star, who are doing financial dealings with D-Company. A top intelligence official told India Today TV such persons will soon be narrowed down.
