Mumbai: The Economic Offences Wing (EOW) of the Mumbai Police has arrested 72-year-old Amina Usman Dada in an alleged property fraud case involving a South Mumbai property valued at around ₹100 crore. The arrest came after she repeatedly failed to appear before the court despite being summoned for hearings. According to the police, 21 summons were issued to her, but she attended only one or two hearings. The court subsequently issued a non-bailable warrant (NBW) against her.
An EOW team traced Amina to her residence in South Mumbai on Friday and executed the warrant. She was subsequently produced before the 47th Metropolitan Magistrate court, which remanded her to judicial custody. The police also submitted a report to the court regarding the execution of the warrant and her repeated absence from proceedings.
According to the EOW, Amina is one of five accused in the case. She is alleged to have acted in concert with her brothers to enter into a redevelopment arrangement involving a large jointly owned property in South Mumbai without the knowledge of other co-owners. The accused face allegations including cheating, forgery, criminal breach of trust and criminal conspiracy.
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The case originated from a property dispute involving three tenanted premises on Delai Road in Lower Parel. Complainant Ayaz Kapadia alleged that his relatives fraudulently claimed 100% ownership of the jointly held property and subsequently entered into a redevelopment agreement with Big Tree Developers.
Investigators said the properties were jointly owned by the families of Kapadia’s late father Jaffar and his uncle Latif. According to the investigation, Amina Usman held power of attorney and allegedly used the authority to sign the redevelopment agreement. She allegedly received around ₹3.5 crore under the arrangement and was also promised two flats.
The property involved in the dispute is estimated to be worth around ₹100 crore. The complainant has alleged that the redevelopment agreement was entered into without the knowledge or consent of other family members who had an interest in the jointly owned property. The dispute subsequently escalated into legal proceedings, with the redevelopment agreement now also being challenged before the Bombay High Court.
During the execution of the warrant, the EOW team informed Amina’s 84-year-old husband, Usman Hasham Dada, who was present at the residence, about the court’s order. Her lawyer was also informed about the execution of the warrant before she was taken into custody and produced before the court.
The EOW has already taken action against other accused persons in connection with the case. Abida Ismail was arrested from Mysore and is currently out on bail. Rahim Latif Kapadia, a UAE resident, was arrested on the basis of a Lookout Circular (LOC). Another accused, Malik Latif Kapadia, is absconding, while a proclamation has been issued against Abdul Aziz Kapadia.
The EOW is continuing its investigation into the ownership of the disputed properties, the use of the power of attorney, the redevelopment agreement, the alleged ₹3.5 crore payment and other financial transactions connected with the deal. Investigators are also examining the individual roles of all the accused and how the redevelopment agreement was executed despite allegations that other stakeholders were not informed or had not consented to the transaction.
