Enforcement Directorate (ED) on Saturday said that conducted raids in 17 locations across Mumbai and Nagpur in connection with a Prevention of Money Laundering case pertaining to the cross-border smuggling of betel nuts.
The search operations were carried out at the office and residential premises of various persons involved in the racket involving the betel nuts of Indonesian origin smuggled mostly via the India-Myanmar Border.
ALSO READ: Hyderabad University Professor Suspended for Alleged Sexual Assault of Foreign Student
In the course of its probe, the ED learnt that there was a well-organised syndicate of suppliers, commission agents, logistic providers, transporters, hawala operators, and buyers involved in the smuggling case.
“During the search operations, 290 metric tonnes of betel nut worth Rs 11.5 crore, cash worth Rs 16.5 lakhs, incriminating documents, and digital devices were seized,” said an ED official.
(This story has been sourced from a third-party syndicated feed, agencies. Raavi Media accepts no responsibility or liability for the text’s dependability, trustworthiness, reliability, and data. Raavi Media management/ythisnews.com reserves the sole right to alter, delete or remove (without notice) the content at its absolute discretion for any reason whatsoever.)
