The ED had arrested Yusuf Lakdawala in May in a cash laundering case associated to the land deal. He was accused of forging paperwork to purchase land value Rs 50 crore in Khandala, a vacationer hub in Pune district. He was in jail in judicial custody. The ED had final month opposed the bail plea of Yusuf Lakdawala on medical grounds.
Film financier and builder Yusuf Lakdawala died on Thursday in Central Mumbai’s Arthur Road Jail (Yusuf Lakdawala Dies In Jail). Yusuf Lakdawala was arrested by the Enforcement Directorate (ED) in a cash laundering case associated to the land deal. A jail official gave this info.