5 months ago
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The Enforcement Directorate (ED) has conducted searches astatine 10 locations successful Delhi and Haryana’s Gurugram and Rohtak successful transportation with a lawsuit involving extortion and coercive colony of loans taken from backstage financiers, the bureau said connected Monday (December 29, 2025).
The alleged money laundering lawsuit is related to one Inderjit Singh Yadav, his accomplices, Apollo Green Energy Limited, and different associated entities and persons.
The ED initiated investigations based connected much than 15 First Information Reports (FIRs) and chargesheets filed by the constabulary successful Haryana and Uttar Pradesh against Mr. Yadav and his associates.
“In the said FIRs, it has been alleged that Inderjeet Singh Yadav, owner and cardinal controller of Gem Records Entertainment Pvt. Ltd. (operating arsenic ‘Gems Tunes’), is a known strongman progressive successful transgression activities similar murder, extortion, coercive settlements of loans given by backstage financiers, fraud, cheating, amerciable onshore grabbing, and convulsive offences. Inderjit Singh Yadav is wanted successful assorted cases of the Haryana Police and is presently absconding and operating from the United Arab Emirates,” the ED said.
“Certain firm houses similar Apollo Green Energy Ltd. and others allegedly get immense sums of wealth successful currency from Jhajjar (Dighal)-based backstage financiers and contented post-dated cheques arsenic security,” according to the agency.
“Investigation besides revealed that Inderjeet Singh Yadav acted arsenic a strongman and enforcer, facilitating coercive colony of these highvalue backstage indebtedness transactions and fiscal disputes running into hundreds of crores of rupees. These settlements were allegedly executed done threats, intimidation, and the usage of equipped associates/local equipped gangs with the engagement of organised crime syndicates operating from abroad,” it said.
Mr. Yadav allegedly earned hundreds of crores as commissions from these corporates. The income truthful generated by him successful these fraudulent ways, moving into crores of rupees, was allegedly utilized for the acquisition of immovable properties, luxury cars, and maintaining a luxurious life, portion declaring minimum income taxation returns.
The hunt cognition has resulted successful the seizure of 5 luxury cars, slope lockers, ₹17 lakh successful cash, assorted incriminating documents, integer devices, and integer information linked to the main accused.
The ED besides detected a website/portal developed and operated by Mr. Yadav for indebtedness colony betwixt firm houses and backstage financiers. Details of the moveable and immoveable assets acquired successful his sanction and that of his household members, acquired from the proceeds of alleged crime, person besides been gathered by the agency.
