*Unearths Massive Cash Laundering Scheme
In a significant development, the Enforcement Directorate (ED) has conducted raids on the premises of Makarianian Shipping and Logistics Private Limited and its directors Vijay Kumar Shukla and Sanjay Goswami, along with affiliated entities of LakshmeeTan Maritime. The raids were conducted at various locations in Delhi, Hyderabad, Mumbai, Kurukshetra, and Kolkata. During the operation, ED seized millions in cash from washing machines.
The investigation revealed a transfer of ₹1800 crore to Messrs Galaxy Shipping and Logistics Private Limited and Horizon Shipping and Logistics Private Limited. These foreign entities are managed by a man named Anthony D’Silva. Allegations surfaced that Messrs Makar Shipping and Logistics Private Limited, Messrs LakshmeeTan Maritime, and their associates illicitly transferred funds to Singapore-based entities in the guise of fake import services.
During the probe, ED also seized ₹2.54 crore from cash washing machines. No satisfactory explanation has been provided regarding the source of these funds. Additionally, numerous documents and digital devices were confiscated during the search operation, and ED has frozen 47 bank accounts associated with the implicated entities to prevent further transactions.
