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ED conducted searches in Jharkhand and West Bengal. File
| Photo Credit: PTI
The Enforcement Directorate on Thursday (May 8, 2025) conducted searches in Jharkhand and West Bengal as part of a money laundering investigation linked to generation of “fraudulent” GST invoices, official sources said.
Also Read | ED raids underway at 5 places in Kolkata over ‘irregularities’ in NRI quota medical admissions
At least nine locations in Ranchi, Jamshedpur and Kolkata are being raided.
The ED suspects that the accused Shiv Kumar Deora, Sumit Gupta and Amit Gupta allegedly generated fake invoices worth ₹14,325 crore resulting in ineligible ITC (input tax credit) claims of over ₹800 crore.
The searches aim to gather documents and assets linked to the alleged proceeds of crime under the provisions of the Prevention of Money Laundering Act (PMLA), they said.
Published – May 08, 2025 09:50 am IST
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