ED Seizes Rs 5.84 Crore in Cash, Gold, Silver in Ahmedabad Raids Under FEMA
ED Seizes Rs 5.84 Crore in Cash, Gold, Silver in Ahmedabad Raids Under FEMA
- •Enforcement Directorate (ED) seized assets worth Rs 5.84 crore in Ahmedabad.
- •Seizures include Indian and foreign currency, 1.6 kg foreign-marked gold bars, and 80 kg silver bars.
- •Raids conducted at nine locations under FEMA against Anas Group for alleged illegal overseas investments.
- •Anas Group, involved in tobacco processing, packaging, and manufacturing, is linked to brands like “Amber Tobacco”.
- •Incriminating documents revealed foreign properties in Dubai associated with Anas Group partners and family members, funded via hawala and illegal channels.
