đź’¨ Abstract

The Enforcement Directorate (ED) conducted searches at nine locations in Ahmedabad as part of a money laundering investigation linked to an alleged scam involving Waqf properties. The scam involves some individuals posing as trustees, constructing shops and houses on Waqf land and collecting rent for 17 years. The ED registered the case under the Prevention of Money Laundering Act after Ahmedabad Police busted the scam and arrested five people.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖

Powered by MessengerX.io