New Delhi, Dec. 29 -- The Enforcement Directorate on Monday said it recently conducted search operations at 10 locations in Delhi, Gurugram, and Rohtak. The raids are part of an ongoing money laundering investigation targeting Inderjit Singh Yadav, his accomplices, Apollo Green Energy Ltd, and other associated entities.
The searches revealed that a website/portal was developed and operated by Yadav to facilitate loan settlements between corporate houses and private financiers. Furthermore, the operation uncovered that various movable and immovable assets were acquired in the names of Yadav and his family members using the proceeds of crime.
The money laundering investigation stems from allegations of illegal extortion, coercive loan settl...