Political tensions escalated after Kapil Sibal accused the Enforcement Directorate of being used to intimidate opposition leaders during election periods. Referring to recent raids in West Bengal, he questioned why agencies suddenly act as polls approach.
The searches are part of an ongoing probe into financial irregularities linked to fraudulent job offers in the Railways.
Abhishek Singhvi took to social media platform X and said that the trial court did not even deem it fit to take cognisance of the matter, noting that there was no movement of money or transfer of immovable property.
The Enforcement Directorate has raided 25 locations in Lucknow, Varanasi, Jaunpur and Saharanpur in Uttar Pradesh, as well as Ranchi in Jharkhand and Ahmedabad in Gujarat.
These are bank accounts used to transfer illicit money. They are often opened by misusing genuine customer IDs or using fake identities.
Manoj Gaur, alumnus of BITS Pilani and long‑time leader of Jaypee Group, steered large infrastructure ventures in India. He now faces Enforcement Directorate investigation over alleged diversion of home‑buyers’ funds and money‑laundering linked to Jaypee Infratech.
The assets that have been attached provisionally are in the form of bank balances and immovable assets like lands, villas and flats located at Dubai (UAE).
According to official sources, the raids were conducted at nine locations in Jammu and one in Udhampur under provisions of the Prevention of Money Laundering Act (PMLA).
Judges Surya Kant Ujjwal Bhuyan and N Kotiswar Singh’s bench stated that the Enforcement Directorates reputation is another issue that worries us. A series of pleas seeking a review of the top courts 2022 ruling that upheld the ED arrest powers under the Prevention of Money Laundering Act (PMLA) are currently being heard.
English
English
English
