New Delhi Apr 11: The Enforcement Directorate (ED) conducted search operations in a money laundering case involving Delhi-NCR–based real estate developer Earth Infrastructures Limited and its group entities. Searches were carried out yesterday at 10 premises in Delhi and Gurugram linked to the company’s directors, promoters and associated entities. During the raids, the ED seized around ₹6.3 crore in cash and jewellery valued at approximately ₹7.5 crore, along with silver bullion and luxury watches.
The investigation stems from multiple FIRs filed by the Economic Offences Wing and a complaint by the Serious Fraud Investigation Office, focusing on alleged financial irregularities and siphoning of funds linked to the realty group.
