The Enforcement Directorate (ED) on Wednesday carried out searches at various locations in Mumbai, Surat and Delhi in connection with an ongoing money laundering investigation against M/s Iceworth Reality LLP and other entities. The search operations led to seizure and freezing of movable properties in the form of diamonds, bank funds, demat account holdings and approximately Rs 38.57 crore in cash. Various incriminating documents and digital devices have also been seized, the agency stated on Friday. The agency’s money laundering investigation was initiated on the complaint under various sections of…
Tag: enforcement directorate
ED seizes over Rs 1-Cr cash, undisclosed assets during raids against Cong MLA, others | India News
The Enforcement Directorate (ED) on Saturday said it has seized Rs 1.42 crore in cash, documents related to more than 30 “undisclosed” flats and land during searches against Haryana Congress MLA Rao Dan Singh, his son and some business entities as part of a bank-loan fraud-linked money-laundering investigation. The raids were launched on Thursday (July 18) in Mahendragarh and Gurugram in Haryana, apart from Delhi and Jamshedpur (Jharkhand), against the legislator, his family, a linked company called Suncity Projects Private Limited, another company called Allied Strips Limited (ASL) and its…