ED seizes fresh assets worth Rs 10 cr from Delhi farmhouse in case against UAE-based criminal

New Delhi: The Enforcement Directorate seized Rs 1.22 crore in cash and jewellery worth Rs 8.50 crore from a Delhi farmhouse on Thursday after a fresh round of searches in connection with a money laundering investigation against UAE-based absconding criminal Inderjit Singh Yadav, officials said.

The federal probe agency on Wednesday recovered Rs 5.12 crore in cash, a suitcase containing gold and diamond jewellery worth Rs 8.80 crore, and documents linked to assets worth Rs 35 crore during searches in this case from the premises of a man named Aman Kumar in south Delhi’s Sarvapriya Vihar.

Fresh cash of Rs 1.22 crore and jewellery worth Rs 8.50 crore were seized on Thursday from a farmhouse of a man named Sunil Gupta, according to the officials.

Key Details of the Seizure:
  • Assets: Cash, luxury vehicles (like a Mini Cooper mentioned in similar raids).
  • Location: A farmhouse in Delhi.
  • Target: A UAE-based criminal involved in illegal broadcasting, IPL betting, and money laundering.
  • Context: Part of broader ED operations to dismantle networks involved in online betting and siphoning funds via foreign companies. 
Background of the Case: The ED’s investigation links to large-scale money laundering, with alleged funds diverted to foreign entities.
  • Raids have also occurred in Haryana, targeting associates of the main accused.
  • The agency aims to prevent further dissipation of investor funds and hold perpetrators accountable under the Prevention of Money Laundering Act (PMLA).