Categories: Top News

ED conducts searches at 12 sites in Odisha and Bengal over allegations of unauthorized iron ore mining

The Bhubaneswar branch of the Directorate of Enforcement (ED) conducted searches at 12 locations in Bhubaneswar, Barbil, Rourkela, and Kolkata, under the provisions of the Prevention of Money Laundering Act (PMLA), 2002. These searches targeted the premises of M/s Deepak Steel and Power Ltd, M/s Snehapusph Marketing (P) Ltd, their directors, and other individuals involved in connection with an alleged illegal iron ore mining scandal in Joda, Keonjhar District, Odisha.

During the search operation, the ED reported the seizure of Indian currency amounting to Rs 30 lakh, gold bullion weighing 2 kg valued at Rs 1.24 crore, a Volvo XC40 Car, digital devices, and incriminating documents on Saturday.

Furthermore, a freezing order was issued to two banks, resulting in the freezing of a balance of Rs 1.23 crore in six bank accounts associated with the directors of the accused companies.

Muskan Menghani

Recent Posts

TikTok’s Fate In The US: Trump Indicates Potential Reprieve

Donald Trump dropped a hint for TikTok's survival by mentioning how it played an important…

18 mins ago

Elon Musk’s ‘Save The Bureaucracy’ Joke Sparks Debate On Government Inefficiency

Elon Musk was not shy about his satire 'Save the Bureaucracy' bill, mocking legislative inefficiency.…

36 mins ago

Report Reveals Over 3,100 Native American Deaths In US Boarding Schools, Tripling Official Figures

A new report has found that more than 3,100 Native American children died in U.S.…

1 hour ago

“Rs 1 Cr Is Not Enough To Start Business”, Aditya Birla Group Chairman KM Birla, Here’s Why

n Nikhil Kamath Podcast, KM Birla stated, “Rs 1 crore is just not enough to…

1 hour ago

Monroeville Mall On Lockdown Amid Shooting Reports, Police Investigate

A large police presence was reported at Monroeville Mall on Sunday afternoon after social media…

1 hour ago

Woman Detained After Kidnapping Two Children In King City: Who Is Jacqueline Guajardo?

Jacqueline Guajardo, 28, was taken into custody after an Amber Alert was issued for two…

2 hours ago