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The Enforcement Directorate (ED) connected Monday conducted searches astatine 15 locations crossed Ahilyanagar, Bikaner, Dehradun, Delhi, Dindigul, Guntur, Mumbai, and Roorkee successful transportation with the Tirumala Tirupati Devasthanams (TTD) ghee adulteration case.
According to an authoritative release, the ED’s Hyderabad Zonal Office carried retired searches astatine the residential and bureau premises of Pomil Jain, Vipin Jain, Raju Rajasekaran, Rajesh Mansukhlal Chavda, Apurva Vinaykanth Chavda, Machindra Shantaram Lanke, Ajay Kumar Sugandh, Mahesh Kumar Rohira, and Ashish Agarwal.
During the searches, currency amounting to ₹60 lakh was seized. The searches besides led to disclosures regarding investments of Proceeds of Crime (PoC) successful properties valued astatine much than ₹45 crore, on with details of respective immovable properties held successful the names of the accused persons and their household members.
The searches besides covered the dairy plants of A.R. Dairy Food Pvt. Ltd., Dindigul; Malganga Milk & Agro Products Pvt. Ltd., Ahilyanagar; and Bhole Baba Organic Dairy Milk Pvt. Ltd., Roorkee.
Various incriminating documents were seized, indicating the usage of a analyzable web of ineligible entities to facilitate bogus merchantability and acquisition transactions for concealment and layering of Proceeds of Crime.
The ED initiated the probe nether the Prevention of Money Laundering Act (PMLA), 2002, based connected an FIR registered against M/s A.R. Dairy Food Pvt. Ltd. and others. It is alleged that the accused persons, successful conspiracy with definite TTD officials, committed transgression breach of trust, cheating, and caused wrongful nonaccomplishment to the TTD by supplying adulterated ghee.
Investigation conducted truthful acold person revealed that the proceeds of transgression generated from the alleged proviso of adulterated ghee to the TTD were subsequently invested successful immovable properties done a analyzable web of interconnected ineligible entities and businesses to conceal the illicit root of funds.
Further probe is nether way, the ED said.
