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The Enforcement Directorate (ED), which is probing a foreign exchange violation case against Kanpur-based meat exporter Moin Qureshi, has “seized” a diary from a hawala operator, identified as Pervez, with incriminating entries corresponding to money allegedly remitted to Qureshi’s associates in Dubai through hawala in tranches, sources said.
On February 26, the ED had carried out raids at Qureshi’s Defence Colony flat and Chhattarpur farmhouse. The same day, the agency had raided Turkman Gate premises of Pervez and another hawala operator’s property in Greater Kailash-I. Following the raids, the ED had questioned Qureshi, two of his employees, and the two hawala operators.
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“We have been able to establish the trail of money that Qureshi is believed to have sent to his associates out of the country. We have recovered a diary from Pervez that has entries corresponding to the amounts sent to an associate in Dubai. The entries in the seized diary and loose papers pertain to hawala transactions of Rs 4-5 crore. Details of the recipient in Dubai are still being verified,” ED sources told The Indian Express, adding that more raids are likely to take place.
On March 10, the ED had also raided the premises of another hawala operator in Delhi’s Karol Bagh area. “Some lockers have been identified. The verification of these lockers and its contents is currently underway,” said the source. Hawala transactions to overseas locations over the past five years are under scrutiny.
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