According to information, one extremely powerful political figure was attempting to launder the proceeds of crime stemming from coal smuggling through his close ally Manjit Singh Grewal @ Jitti Bhai. As a result, on 08.02.23, the Enforcement Directorate (ED) set a trap and conducted a search action at the Gajraj Group office on Earle Street in Kolkata, resulting in the recovery of Rs. 1.4 Crore in cash and incriminating material.
This money was an unexplained cash portion of a total cash payment of about 9 Crore for an undervalued property called Salasar Guest House. The market value of this property is more than Rs. 12 crores, however, the deed value is roughly Rs. 3 crores. This money was part of the agreed-upon difference amount to be paid in cash from coal smuggling revenues.
On the date of 08.02.23, the same was registered at the office of Addl Sub-registrar, Alipore, and cash was exchanged at the office of Vikram Sakaria of Gajraj Group at approximately 17:00. At the same time, the ED searched the site and collected Rs 1.4 Crore in POC. A preliminary examination of the evidence reveals a stronger link, and it appears that this individual was also involved in the minister’s unlawful cash handling. An inquiry is also underway.
