ED seizes cash, jewellery worth crores from Delhi house in money laundering case

Key Highlights

• According to the central probe agency, Yadav is currently operating from the United Arab Emirates (UAE). During the search operations, the ED recovered large quantities of cash, jewellery and incriminating documents.
• Most of the seizures were made from premises in Delhi’s Sarvapriya Vihar linked to Aman Kumar, an associate of the prime accused.
• Officials also found a bag containing multiple cheque books and documents related to immovable properties valued at approximately Rs 35 crore. advertisement The raid led to the recovery of Rs 5.12 crore in cash, prompting the ED to call in bank officials and cash-counting machines for verification.
• In addition, a suitcase containing gold and diamond jewellery estimated to be worth around Rs 8.80 crore was seized.
• The agency also conducted searches at premises connected to Apollo Green Energy Ltd as part of the investigation. The money laundering case originates from allegations of illegal extortion, coercive settlement of private loans, intimidation using arms, and the earning of commissions from such activities.