The Enforcement Directorate (ED), Ahmedabad Zonal Office conducted a search operation at nine places in Ahmedabad under the provisions of Money Laundering Act (PMLA), 2002. The Act (PMLA), under the provisions of 2002, conducted a search operation on 6 May, which claimed to be two Waqf Board-registrated Trusts “glass fish trusts” and “Shah Bada Kasar” trustees.
The ED launched an investigation on the basis of FIR lodged by Police Station, Gaikwad Haveli, Ahmedabad City, Gujarat. According to the vigilance, “They made fraudulent lease agreements, forcibly charged rent from tenants and presented false affidavits to Waqf Board. Created, about 150-200 houses and 25-30 shops are illegally charged by the Waqf Board, the tenants were charging the rent every month by the accused persons, but the trust was not deemed by the trust.
According to the release, during the search operation, the bank fund of Rs 2 crore (approx) was freezed, Rs 30 lakh cash was seized and the crypto currency of Rs 7 lakh was freezed, whose ownership/control is either with the accused and their colleagues, who have submitted the income of suspected crime.
