ED raids multiple states in Rs 1,000 cr UP illegal cough syrup money laundering case

• ED conducted multi-state raids in a money laundering probe against an illegal cough syrup trade racket in Uttar Pradesh.
• Searches covered 25 premises across UP (Lucknow, Varanasi, Jaunpur, Saharanpur), Ranchi, and Ahmedabad.
• The investigation targets absconding main accused Shubham Jaiswal, his associates, cough syrup manufacturers, and a Chartered Accountant.
• The case stems from 30 UP Police FIRs concerning the misuse and illegal trade of codeine-based cough syrups, with estimated proceeds of crime around Rs 1,000 crore.
• Main accused Shubham Jaiswal reportedly fled to Dubai; his father was arrested, and 32 individuals have been taken into custody by UP Police.

Why It Matters: Rs 1,000 crore illegal cough syrup racket exposed, threatening public health.