ED raids house of Vasai Virar town planning officer, seizes over Rs 8 crore cash and jewellery worth Rs 23 crore
The Enforcement Directorate (ED) Wednesday raided 13 locations in Nalasopara, Vasai, and Virar near Mumbai, and Hyderabad in connection with a money laundering probe in an illegal buildings construction case. The agency Thursday said it seized approximately Rs 8.6 crore cash and Rs 23.25 crore worth diamond-studded jewellery and bullion from the house of Y S Reddy, deputy director of town planning, Vasai-Virar City Municipal Corporation (VVMC).
Reddy was earlier arrested in April 2016 by the Thane unit of the Anti Corruption Bureau (ACB) for allegedly offering Rs 25 lakh to a Shiv Sena corporator to stop going ahead with court cases against him.
The money laundering investigation is based on multiple FIRS registered by the Mira Bhayandar Vasai Virar police commissionerate against builders,...