The Enforcement Directorate(ED) on Sunday carried out its 3rd raid in the Tricity and seized Rs 42 lakh in the new currency notes from the houses of the owners of the Swami Devi Dayal Institutes. According to IE, the Enforcement Directoratraideded 3 houses in the Manimajra area on Sunday evening. The ED officials told reporters that the amount that has been seized could increase as the raid got completed. A senior ED official told IE that they had raided three houses which belonged to Amit Jindal, Motilal Jindal and Ashok Jindal, who were the owners of the Swami Devi Dayal educational group, seizing Rs 42 lakh.
The ED official further said that they had received confidential information that the Jindals had stashed a large amount of unaccounted cash, following which two ED teams which consisted of dozens of ED sleuths raided the houses in the NAC region near Manimajra. The Swami Devi Dayal Group of Institutes offers a number of educational courses. IE reports that the raids began around 7m in the evening at the three houses. While one of these houses was under construction, the other two had Jindals living in them. The ED team also reportedly searched the 6 luxury cars that had been parked at their residences.
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This the third major raid in the Tricity region in the matter of a week. Earlier last week, the ED had raided the house of a cloth merchant in Sector 22 of Chandigarh and seized Rs 2.19 crore. The Chandigarh police had later arrested him. The police are reportedly investigating the case as the businessman who had been arrested, Inderpal Mahajan was involved in the illegal exchange of money. The police had also arrested a private bank employee in Mohali while the ED had seized more than Rs 30 lakh from the house of a tailor in Mohali.