Ed's Red, 32 Crore Cash and Gold Diamond seized at 13 places in Mumbai-Hyderabad

Last updated: May 16, 2025, 02:30 IST Ed Raid Hyderabad Mumbai: Ed attacked Mumbai and Hyderabad and seized more than Rs 32 crore assets. Vasai Virar Municipal Corporation Deputy Director Ice cash, jewelry and documents from Reddy’s Residences … Read more Ed who recovered cash and jewelry in the search operation. Mumbai/Hyderabad. On Thursday, the Directorate for Enforcement (ED) seized unexplained assets worth more than Rs 32 crore after attacking 13 places in Mumbai and Hyderabad under the continued investigation into the alleged illegal soil development and money laundering. In terms of the provisions of the Money Laundry Prevention Act (PMLA), an attack performed on May 14 and 15 is in cash and diamond studied jewelry and gold worth about Rs 23.25 crore. The officials also have such documents in large quantities, which are considered a crime. Much of the batter on assets worth Rs 8.6 crore cash and jewelry worth Rs 23.25 Crore and Gold Vasai Virar Municipal Corporation (VVMC) Deputy Director of Municipal Planning, Ice Reddy was found from residences in Mumbai and Hyderabad. Investigators also recovered documents that could reveal a large scale of illegal construction scam in the Vasai Virar region, which was allegedly performed with the connection of VVMC officials. This case is related to the illegal construction of residential-CUM commercial buildings on government and private land under the jurisdiction of Vasai Virar Municipal Corporation (VVMC) since 2009, according to the ED, the corporation has approved a sewerage treatment plant and a landfill under the development scheme. Over time, 41 illegal buildings were built. The Ed says the buildings were built considering that they would eventually be demolished for development work. The builders deceived the general public and committed serious fraud. The name of two VVMC officials Sitaram Gupta and Arun Gupta and others were also included in the ED investigation. They claim that the buildings were built with the connection with corrupt corporations officials, who approved for illegal construction. Central government officials also seized the premises of ice Reddy, Deputy Director of VVMC Town Planning and seized Rs 8.6 crore with diamond jewelry and bully. On July 8 last year, the Bombay High Court ordered the demolition of 41 illegal buildings. When the residents approached the Supreme Court to stop, the Apex Court refused and all the buildings were demolished on February 20. About the author Rakesh Ranjan Kumar Rakesh Ranjan Kumar has over ten years of experience in digital journalism. Before joining News18, he worked in Live Hindustan, Dainik Jagran, Zee News, Jansatta and Dainik Bhaskar. Currently he … Read more Rakesh Ranjan Kumar has more than ten years of experience in digital journalism. Before joining News18, he worked in Live Hindustan, Dainik Jagran, Zee News, Jansatta and Dainik Bhaskar. He is currently reading more about India Pakistan’s latest news about News18 India Location: Hyderabad, Telangana House