2 months ago
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The Enforcement Directorate (ED) has attached assets worthy ₹90.04 crore successful the lawsuit of “strongman” Inderjeet Singh Yadav, who on with his aides allegedly facilitated coercive settlements of high-value backstage indebtedness disputes moving into hundreds of crores for firm houses done intimidation. Wanted by 3 enforcement agencies, the accused is presently residing successful the United Arab Emirates (UAE).
The properties that were attached connected Thursday (February 26, 2026) comprise assorted plots and onshore parcels, residential and commercialized properties owned by Mr. Yadav and his wife, Reena Kumari.
Several FIRs, chargesheets
Investigations nether the Prevention of Money Laundering Act (PMLA) was initiated by the ED based connected much than 15 First Information Reports registered, and chargesheets filed by the constabulary successful Haryana and Uttar Pradesh, against Mr. Yadav and his associates nether assorted provisions of the Arms Act, Bharatiya Nyaya Sanhita (BNS), and the erstwhile Indian Penal Code (IPC).
It was alleged that Mr. Yadav, proprietor and cardinal controller of Gem Records Entertainment Private Limited (operating arsenic ‘Gems Tunes’), was a known strongman progressive successful transgression activities similar murder, extortion, coercive settlements of loans fixed by backstage financiers, fraud, cheating, onshore grabbing, and different convulsive offences.
According to the ED, “certain firm houses similar Apollo Green Energy Ltd and others allegedly availed immense backstage loans from backstage financiers based successful Dighal, Jhajjar (Haryana), and issued post-dated cheques arsenic security”.
Mr. Yadav allegedly acted arsenic a strongman and enforcer, who facilitated coercive settlements of these high-value backstage indebtedness disputes utilizing “threats, intimidation and the usage of equipped associates/local equipped gangs with the engagement of organised transgression syndicates operating from abroad”.
The main accused is besides said to beryllium connected to the execution of a financier based retired of Dighal successful Haryana. “Investigation truthful acold has unearthed Proceeds of Crime amounting to much than ₹110 crore...attributable to Inderjeet Singh Yadav, which were subsequently utilised for acquisition of immovable properties, luxury vehicles and attraction of a lavish lifestyle, portion declaring minimal income successful his taxation returns,” said the agency.
Not joined probe: ED
The ED said contempt being fixed aggregate opportunities, Mr. Yadav has not joined the probe truthful far, thereby evading the owed process of law.
Earlier, the bureau had carried retired searches astatine assorted premises related to Mr. Yadav and different related persons/entities resulting into the seizure of ₹6.41 crore successful cash, jewellery valued astatine astir ₹17.4 crore, 5 luxury vehicles, aggregate cheque books, and documents related to immovable properties worthy astir ₹35 crore.
