In a recent development, the National Investigation Agency (NIA) has conducted raids on six places in Mumbai in connection with a case of seizure of high-quality fake currency notes from neighbouring Thane. The investigation has established the role of ‘D-Company,’ a syndicate of fugitive don Dawood Ibrahim, in the circulation of such notes. The case is related to the seizure of counterfeit Indian currency notes of ₹ 2,000 denomination.
The Investigation
The NIA Mumbai team conducted multiple raids on Wednesday, searching various properties including houses and offices of accused persons and suspects in the case. During the raids, the agency seized incriminating materials such as sharp-edged weapons, digital devices, and documents. This is a strong corroboration of the NIA’s earlier investigational findings establishing a direct connection with the D-Company in the fake currency racket.
The Thane police crime branch had seized fake currency notes of ₹ 2.98 lakh face value in November 2021, which led to the case being registered at Naupada police station in Maharashtra’s Thane city under relevant sections of the Indian Penal Code and the Unlawful Activities (Prevention) Act.
The Role of D-Company
The investigation into the case established the prima facie role of ‘D-Company’ in the circulation of fake notes in India. Dawood Ibrahim, the key accused in the 1993 Mumbai serial blasts case, heads the D-Company syndicate. The NIA has been probing the matter since taking over the case from the Thane Police, who had already carried out searches and chargesheeted the accused.
The Arrests
Two persons, identified as Riyaz and Nasir, both residents of Mumbai, had been arrested in the case and are currently in judicial custody. The NIA conducted raids on properties of the accused and suspects as part of its continued probe into the case.
| Information | Details |
|---|---|
| Topic | Anti-Terror Body Raids 6 Places In Mumbai In Case Linked To Dawood Ibrahim |
| Location | Mumbai, India |
| Date | November 18, 2021 (original case) and February 7, 2023 (re-registered by NIA) |
| Agencies Involved | Thane Police Crime Branch and NIA (National Investigation Agency) |
| Seized Items | Fake currency notes of ₹ 2.98 lakh face value, sharp-edged weapons, digital devices, and documents |
| Accused Persons | Riyaz and Nasir |
| Accusations | Circulation of counterfeit Indian currency notes of ₹ 2,000 denomination |
| Suspected Involvement | ‘D-Company’, the syndicate of fugitive don Dawood Ibrahim |
| Arrests | Two persons (Riyaz and Nasir) |
| Current Status | Accused in judicial custody |
The six locations where the raids were carried out have not been specifically named in the prompt. However, it can be assumed that they were all located in Mumbai, India, where the case is being investigated.
During the raids, the NIA seized incriminating material, including sharp-edged weapons, digital devices, and documents. The agency stated that these materials provided strong evidence of a direct connection between the fake currency racket and the ‘D-Company’, which is the syndicate of fugitive don Dawood Ibrahim. The role of the D-Company has been prima facie established in the circulation of the fake notes in India.
Conclusion
The NIA’s raids and subsequent seizure of incriminating materials are a significant development in the investigation into the circulation of fake currency notes in India. The prima facie role of D-Company in the case highlights the continued threat posed by organised crime syndicates in the country. The agency’s investigation and subsequent arrests send a strong message that such criminal activities will not be tolerated.
FAQs
- What is the D-Company?
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