Demonetisation: ED searches 40 locations across country for black money

Officials said the searches are being conducted by multiple teams of the agency in various cities and as many as 100 sleuths along with police personnel are undertaking the search operation.

By: PTI | New Delhi | Published:November 30, 2016 5:07 pm
Demonetisation, ED hawala, ED Hawala raid, ED Demonetisation raid, ED tax raid In the eastern region, the agency is searching at least 16 locations including six in Kolkata, two each in Bhubaneswar and Paradip (both in Odisha), Guwahati among others.

Enforcement Directorate (ED) on Wednesday conducted searches at 40 locations across the country in order to check black money held with currency exchanges, hawala dealers and others in the wake of the demonetisation of Rs 500 and Rs 1000 notes. Officials said the searches are being conducted by multiple teams of the agency in various cities and as many as 100 sleuths along with police personnel are undertaking the search operation.

In the eastern region, the agency is searching at least 16 locations including six in Kolkata, two each in Bhubaneswar and Paradip (both in Odisha), Guwahati among others. The sleuths from the Kolkata zone of the ED have also seized Rs 10 lakh cash in new currency from the premises of a doctor in the West Bengal capital during the said operation, even as an assortment of foreign currency worth Rs 4 lakh has been seized from the same area.

They said the agency is looking at instances of illegal exchange of old currency and stashing of new currency notes to perpetrate hawala and money laundering like activities. ED is the central agency to enforce two laws — the
Foreign Exchange Management Act (FEMA) and the Prevention of Money Laundering Act (PMLA).

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  1. A
    ashok s
    Nov 30, 2016 at 11:51 am
    Joke instead of searching Gujarat, Mumbai and NCR they are targeting soft areas
    Reply
    1. R
      rahul pathak
      Nov 30, 2016 at 5:47 pm
      achi kasi le li tune man mohana ki
      Reply
      1. R
        rahul pathak
        Nov 30, 2016 at 5:42 pm
        you are indian first then gujju , i kmow u have gieven your view . all educated indian give view like that and we need to educate the uneducated one like Pappu .lt;br/gt;yaar jitnae paise wo apani carrier banane me lagaa rha utni me se 50% bhi aa jaye to kitane log ki kismaat badal jayegi.... sorry if u heart
        Reply
        1. D
          Dash
          Nov 30, 2016 at 12:39 pm
          Good. By opposing demonetization,the opposition has ensured its defeat in 2019 polls. Gujarat and Maharashtra polls were trailers. Khujjliwal,Bombbta,Papppuu etc. are unaware of the support that Modiji is getting. These opposition leaders do not deserve to be in Parliament. They are wasting public money. People won't forget this.
          Reply
          1. B
            BKA
            Nov 30, 2016 at 1:54 pm
            ED always searches places either for revenge or for show off. They will find either nothing or peanuts. If ED had been doing their job honestly and proficiently, why we would need demonetization!?
            Reply
            1. K
              Kannan Kandasamy
              Nov 30, 2016 at 3:11 pm
              Does these include money sucking so called senior Advocates and corrupt Judges houses?
              Reply
              1. M
                Mukhtar Ahmed
                Nov 30, 2016 at 3:04 pm
                Bhai Esa hai ki feku ne gujarat me dono hatho se paisa lutaya hailt;br/gt;lt;br/gt;Koi puchne wala to tha nahilt;br/gt;lt;br/gt;Abhi delhi me to sab ki najar hai lt;br/gt;lt;br/gt;To hal aisa hai ki agar aadmi ko moj shok or fijul karch ki jab aadat pad jati hai tab wah chori dakti karta hailt;br/gt;lt;br/gt;To hal yahi hailt;br/gt;lt;br/gt;Samjelt;br/gt;....lt;br/gt;Desh ki janta ke account par daketi
                Reply
                1. M
                  Mukhtar Ahmed
                  Nov 30, 2016 at 4:43 pm
                  Bhai sorry lt;br/gt;lt;br/gt;I m gujju ... I support modiji ... i am against bandh on 28lt;br/gt;lt;br/gt;Lekin jab bujurg or aurto line bank ke bahar dekhta hu to bahut guss a At hai
                  Reply
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