Lottery scam probe: ED seizes crores from businessman’s house
The Enforcement Directorate (ED) raided the office of a lottery company owner's office-cum-residence and discovered around Rs 3 crore during a 33-hour raid at Lake Market area.
The Delhi High Court on Tuesday issued a notice to meat exporter Moin Akhtar Qureshi on an Enforcement Directorate (ED) plea seeking cancellation of his bail in a money laundering case.
Justice A.K. Pathak sought Qureshi’s response before April 19, the next date of hearing.
Arrested on August 25, 2016 by the ED, Qureshi was granted bail by a trial court on December 12.
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The ED had registered a case against Qureshi in 2016 under the Prevention of Money Laundering Act for alleged illegal forex dealings and tax evasion.
According to the agency, Qureshi was being investigated for allegedly remitting funds through hawala channels to Dubai, London, and a few other destinations in Europe.
The ED had said that during the course of investigation, certain facts had emerged that constituted omission and commission of some acts on the part of certain public servants holding high offices in collusion with Qureshi, whereby massive illegal money transactions were carried out.
The agency had also said that the records collected from the Income Tax Department had revealed that Qureshi took huge money from different persons for obtaining “undue favours from public servants” after exercising his personal influence.
Qureshi has denied the charges.
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