ED seizes ₹1.70-cr cash, documents in raids against Jaypee Infratech Ltd

ED seizes ₹1.70-cr cash, documents in raids against Jaypee Infratech Ltd

The raids were carried out at 15 premises in Delhi, Noida, Ghaziabad and Mumbai on May 23 under the Prevention of Money Laundering Act

ED seizes ₹1.70 cr cash, documents in raids on Jaypee Infratech, others

The Enforcement Directorate has said it seized cash of Rs 1.70 crore and documents related to immovable assets during searches conducted against Jaypee Infratech Ltd (JIL), Jaiprakash Associates Ltd (JAL) and other entities in an alleged homebuyers' fraud case linked money laundering investigation. The money laundering case stems from FIRs registered by the Economic Offences Wing (EOW) of Delhi Police and Uttar Pradesh Police against companies l…