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HomeEntertainmentYusuf Lakdawala, film financier, who was lodged in jail, dies

Yusuf Lakdawala, film financier, who was lodged in jail, dies

Yusuf Lakdawala had forged documents to grab a big Khandala plot of Mulk Raj Anand, who had died in 2004, by counterfeiting signatures

Top film financier Yusuf Lakdawala, who was arrested by the Enforcement Directorate and was lodged in Mumbai’s Arthur Road Jail, died on 9 September. Yogesh Desai, DIG prisons, west region, said that Lakdawala was suffering from cancer and was admitted to the prison hospital on 6 September.

The Mumbai-based builder, whom the ED had arrested in connection with a case of land grabbing, had been referred to JJ hospital on 8 September morning after his situation deteriorated. said they were informed about Lakdawala’s death on 9 September afternoon, adding that no foul play has been reported behind his demise.

“Lakdawala was 76-year-old and was suffering from Cancer. He was lodged in the prison hospital (inside jail premises) on 6 September. On 8 September morning he was referred to the JJ Hospital by the jail doctors as his condition deteriorated. On Thursday afternoon JJ Hospital doctors informed us about his death. No foul play reported,” Desai said.

An accidental death report (ADR) has been registered and the cause of death is yet to be ascertained, reported ANI.

had earlier reported on ED questioning Lakdawala in connection with alleged money laundering linked to usurping a Khandala-based land belonging to a former Hyderabad Nawab. The builder was accused of bribing government officials, estate agents and others to grab the land said to be worth Rs 50 crore.

Lakdawala was first arrested by the Economic Offences Wing (EOW) when he was trying to flee to London from Ahmedabad International Airport. He secured bail but was arrested again in a money-laundering case registered by the ED in the same case and was in the jail since then.

The EOW alleged that Lakdawala had forged documents to help him grab the huge Khandala plot of writer Mulk Raj Anand, who had died in 2004, by counterfeiting signatures on the papers dating back to 1949.

In 2010, he was also accused of allegedly encroaching upon the properties belonging to late actress Sadhana in Santacruz, but was later acquitted in the case.

An official said that the would file an accidental death report and that no foul play was suspected.


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