Enforcement Directorate (ED) has raided the residences of people close to the family of former Bihar Chief Minister Lalu Prasad Yadav. ED has seized jewelry and coins worth Rs 2 crore 41 lakh in raids on the premises of Haryana real estate and liquor businessmen Amit Katyal as well as Rajesh Katyal. The enforcement agency has also seized around Rs 32 lakh in cash and luxury vehicles during the raid. Earlier, ED had arrested Amit Katyal in the job-for-land scam in Railways.
During the raid, ED seized many digital devices, hard drives, and pen drives that had incremental data, all of them. It has also got hold of many documents, which have also revealed bank accounts in London, Sri Lanka, St. Kitts and Nevis, where the buyers’ money is suspected to have been deposited.
According to ED, Katyal’s son Krishna Katyal had taken the citizenship of St. Kitts and Nevis at the age of 18, which suggests that the buyers who dreamed of buying a house through a plan by taking the citizenship were defrauded by transferring their money there. Is. ED has claimed that more than Rs 200 crore has been invested in the shareholding of a shell company in Sri Lanka.
Earlier on Tuesday (March 12), ED had raided MS Krish Real Tech Private Limited and Brahma City Private Limited company of Gurugram’s big builder Amit Katyal. This search operation was conducted in 17 locations related to the company in Delhi, Gurugram and Sonipat. Investigating agency ED alleges that the said company has sent Rs 400 crore of customers buying houses and land abroad through a shell company.
This raid was conducted by Enforcement Directorate by registering an ECIR on the FIR lodged by Gurugram Police and EOW. During the raid, ED has found evidence that hundreds of crores of rupees were misappropriated to benefit Amit Katyal, Rajesh Katyal, Krishna Katyal and other family members.
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