Hyderabad, Dec. 2 -- The Enforcement Directorate's (ED) Hyderabad Zonal Office on Tuesday announced the auction of a seized aircraft, Hawker 800A, through MSTC Limited.

The aircraft, currently parked at Begumpet Airport, Hyderabad, is available for inspection until December 7, with the auction scheduled for December 9.

The proceeds from the sale will be used to compensate the victims of the related scam. The aircraft was seized by ED from Rajeev Gandhi International Airport during a search operation on March 7 under the provisions of the Prevention of Money Laundering Act (PMLA), 2002

Earlier in the day, the Enforcement Directorate (ED) on Tuesday launched extensive searches across multiple locations in Jharkhand, Maharashtra, and Guja...