The Enforcement Directorate (ED) on Wednesday recovered Rs. 1.4 crore in unaccounted cash which it suspects to be crime proceeds from the coal smuggling scam during a search at the office of the director of a company in Kolkata’s Earle Street.
The federal agency, which also claimed to have seized incriminating documents from the office of Gajraj Group director Vikram Sakaria, has summoned Sakaria along with another person.
Officials said they received input that an influential politician was trying to launder the proceeds of crime originating from coal smuggling through his aide Manjit Singh Grewal. They said the unaccounted cash was part of Rs 9 crore payment for a guest house.
