New Delhi, November 18 (IANS). The Enforcement Directorate (ED) on Monday raided 22 locations in several states against the country’s well-known lottery king Santiago Martin and his company M/s Future Gaming and Hotel Services Pvt. Ltd. During this period, ED seized Rs 12.41 crore cash and FDR worth Rs 6.42 crore. ED took this action under the PMLA Act.
It is being told that on Monday, ED launched a campaign and conducted raids against Santiago Martin and his company in Uttar Pradesh, West Bengal, Karnataka, Tamil Nadu, Punjab, Meghalaya. In this raid conducted in these states, many documents, digital devices and other items of Santiago Martin have also been recovered.
Even before this, on November 14, ED had raided about 20 of his locations. It is also being told that he had donated about Rs 1300 crore to many political parties through electoral bonds.
It may be noted that earlier, ED had conducted raids at many places in Mumbai and Gujarat in connection with opening of bank accounts with the help of fake documents.
In this case, ED had also raided a person named Siraj Ahmed. He is accused of opening bank accounts with the help of documents of financially weak people and then made transactions worth Rs 100 crore.
According to ED, a total of 13 bank accounts were opened with the help of these fake documents. More than 2,200 transactions were done through these accounts. A total of Rs 112 crore is said to be credited from this transaction. At the same time, transactions worth Rs 315 crore are said to have taken place on the debit side. There are indications of money laundering through these accounts. It is feared that the money received from this will be used in many states.
–IANS
PSM/CBT
