🚨🚨#JUSTIN || The search and seizure operation was conducted by #ED at the Ahmedabad and Gurgaon premises of the #company. https://t.co/d9KpLeacXx
#JustIn | Enforcement Directorate (ED) conducts search & seizure operation at Gensol Engineering's Ahmedabad & Gurgaon premises and seize some documents, electronic devices & others financial records of the company https://t.co/LbcowdzE1P
PMC बैंक घोटाला: हजारों करोड़ के घोटाले का पर्दाफाश, रिकॉर्ड्स में बड़े स्तर पर की थी हेरफेर @MrityunjayNews की रिपोर्ट #PMCBankScam #RBI #Mumbai https://t.co/sWsgI7pZwe
The Enforcement Directorate (ED) has conducted a series of search and seizure operations across India in connection with multiple alleged financial crimes. In Madhya Pradesh, the ED raided 11 premises linked to liquor contractors in Bhopal, Indore, and Mandsaur as part of a money laundering investigation. The contractors are accused of causing a loss of approximately ₹49.42 crore to the government exchequer between 2015-16 and 2017-18 by manipulating treasury challans to unlawfully obtain No Objection Certificates for liquor acquisition. In a separate case, the ED carried out searches in Jaipur, Rajasthan, related to an investigation involving M/s PGF Ltd. and M/s PACL under the Prevention of Money Laundering Act (PMLA). In Hyderabad, Telangana, searches were conducted at the residences of individuals accused of illegally selling Bhoodan and Maheshwaram land. The ED also investigated a ₹71 crore fake bank excise scam in Indore and Bhopal, targeting excise officers and individuals including a retired officer named Surendra. In Bengaluru, the agency seized ₹2.25 crore in cash during searches at 14 locations linked to Aishwarya Gowda, who is accused of posing as a politician's relative and defrauding wealthy professionals. The investigation revealed financial transactions exceeding ₹80 crore with political figures and a loan of ₹24 crore. In the education sector, the ED conducted searches related to the FIIT JEE case, uncovering that approximately ₹250.2 crore was collected from 14,411 students, with ₹206 crore allegedly diverted for personal use. The FIIT JEE CFO, Rajeev Babbar, was detained and questioned upon his return from Doha. The ED seized cash and jewellery during these operations, issued lookout circulars against company officials, and 32 coaching centres were shut down. Additionally, the ED claims to have restituted assets worth INR 29,000 crore to scam victims and banks. Other actions include searches at Gensol Engineering's premises in Ahmedabad and Gurgaon, where documents and electronic devices were seized, and investigations into the PMC Bank scam, which involved record manipulation, a scam amount of approximately ₹6,500 crore, and subsequent RBI restrictions. In the FairPlay case, the ED claims ₹4,500 crore was sent overseas using shell companies.