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ED Searches Former PDP MLA, Seizes Over Rs 28L Cash in Money Laundering Case

File photo of the Enforcement Directorate logo.

File photo of the Enforcement Directorate logo.

The searches were conducted at the premises of the former party MLA in Srinagar and Delhi.

The Enforcement Directorate on Wednesday seized over Rs 28 lakh cash after it raided the premises of Anjum Fazili, a close aide of PDP president Mehbooba Mufti, in a money laundering case linked to alleged financial fraud at the J&K Bank, official sources said. The searches were conducted at the premises of the former party MLA in Srinagar and Delhi.

Cash amounting to Rs 21,38,200 was seized from her residence in Srinagar while another Rs 6,62,500 was recovered from her residence in the national capital, they said. The total cash seizure stands at just over Rs 28 lakh, the officials said.

The central probe agency also recovered a dozen fixed deposit receipts worth Rs 67,29,490 during the searches at her Srinagar premise. The raids were conducted to gather more evidence in connection with an investigation linked to alleged fraud at the J&K Bank, they said.

Fazili's role is under the scanner in the case that is being investigated under criminal provisions of the Prevention of Money Laundering Act (PMLA), the officials said.

first published:December 23, 2020, 22:06 IST