Hyderabad (Telangana) [India], October 21 (ANI): The Enforcement Directorate (ED) on Thursday said it seized jewellery worth Rs 149.10 crore and recovered Rs 1.96 crore in cash during a recent search operation at five locations in Hyderabad and Vijaywada in a case related to alleged cheating with MMTC.

New Delhi Nov 29 PTI The ED has arrested an absconding accused wanted in a money laundering case linked to smuggling and diversion of duty-free gold imported by agencies like the Metals and Minerals Trading Corporation MMTC and some others Sanjay Agarwal the agency said in a statement on Monday was arrested on Sunday from Aamby Valley in Maharashtras Lonavala while he was attending a wedding there He had been on the run for more than six months after a special Prevention of Money Laundering Act PMLA court in Kolkata issued a non-bailable warrant NBW against him in April in connection with this case the Enforcement Directorate ED said Even his anticipatory bail application was rejected by the Calcutta High Court earlier this month it said After his arrest Agarwal was produced before the same special PMLA court which sent him to seven days of ED custody Agarwal is involved in smuggling and diversion of duty-free gold imported through nominated agencies like MMTC and Diamond India Limited Such imported gold was originally meant for export purposes the ED said It alleged that the smuggled gold was diverted by Agarwal along with his associates in the domestic territory and sold illegally to generate proceeds of crime which were then laundered and projected as untainted property and used for purchasing immovable properties in the name of others The money laundering case was filed against Agarwal and others after taking cognisance of an investigation conducted by the Directorate of Revenue Intelligence DRI The ED had earlier arrested a person called Preet Kumar Agarwal in this case and filed a charge sheet before the special PMLA court in Kolkata It had attached 54 kg gold and three immovable properties worth more than Rs 25 crore while bank deposits of Rs 56 lakh were taken possession by it under the provisions of the PMLA PTI NES CK

New Delhi [India], August 28 (ANI): The Enforcement Directorate (ED) has attached 45 immovable properties worth Rs 363.51 crore of Hyderabad-based MBS group and its promotors in its ongoing money laundering probe in a case for allegedly defrauding a public sector enterprise in the purchase of gold bullion under Buyer's Credit Scheme.