Big Action by ED: Raids Hit Jaipur, Jodhpur & 2 More Cities — What’s the Scoop?

New Delhi (The Uttam Hindu) : Enforcement Directorate (ED) teams are conducting raids at around 24 places in Rajasthan, Gujarat and Delhi since Thursday morning. According to sources in the investigation agency, this is a money laundering case of around Rs 2700 crore. The raids are being conducted in Sikar, Jaipur, Jodhpur, Jhunjhunu in Rajasthan, Ahmedabad in Gujarat and Delhi. According to the information, this raid is related to the investigation of fraud in a project named Nexa Evergreen.

Big action by ED: Raids in 4 cities including Jaipur, Jodhpur, know what is the matter: Those who invested in the project were assured by the company that after a certain time, they would get flats, land or their money back at a higher rate. In this case, Rajasthan Police had also filed an FIR against many people. Search operations are being conducted under the Money Laundering Act.

Nexa Evergreen Company was registered in Ahmedabad on 17 April 2021. The records of Registrar of Companies Ahmedabad show that this company was registered for real estate activity. Its owners are Subhash Bijarani and Ranveer Bijarani, residents of Panlava, Sikar. In the name of Dholera Smart City Project in Gujarat, it started taking money from people in the name of investment. The names of Banwari Maharia, Upendra Bijarani, Lakshmi Salim Khan, Sameer, Datar Singh, Rakshapal, Ompal and Sanwarmal have also surfaced in the company.