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Event Brief

ED seeks permanent confiscation of Iqbal Mirchi assets

ED moved a PMLA court plea under FEO to permanently confiscate 15 assets worth about Rs 700 crore linked to Iqbal Mirchi.
WHO: Enforcement Directorate (ED)
WHAT: Moved a plea seeking permanent confiscation of 15 assets worth about Rs 700 crore linked to Iqbal Memon (Iqbal Mirchi) and his family
WHEN: May 18, 2026 at 8:57 AM ET
WHERE: India
WHY: The plea seeks permanent confiscation of assets belonging to late drug smuggler Iqbal Memon (Iqbal Mirchi) and his family.

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