LAGATAR24 NETWORK
Ranchi, Feb. 9: The Enforcement Directorate has seized Rs 1.4 crore in cash originated from coal smuggling and linked to a ‘highly political influential person’.
In a press communique, the ED said today that the agency laid a trap after it was informed that a highly influential political person was trying to launder proceeds of crime originating from coal smuggling through his close confidante Manjit Singh Grewal alias Jitti Bhai.
“Thereafter, the agency raided the office of Gajraj group, situated at Earle Street in Kolkata and seized Rs 1.4 crore and also some incriminating documents. The money was unaccounted cash part of the total cash payment of Rs 9 crore for a property called Salasar Guest house at undervalued price. The market value of this property is more than Rs 12 crore, however the deed value of the same is shown as Rs 3 crore. This money was part of the agreed differential amount to be paid in cash from the proceeds generated from coal smuggling,” the press release added.
The release further said that preliminary analysis of the materials on records suggests a greater nexus and it appears that this person was involved in handling of the illegal cash of the minister.
