New Delhi, December 9
The Enforcement Directorate (ED) has attached fresh assets worth about Rs 388 crore in its ongoing money laundering probe into the Mahadev online betting case.
The attached properties include both movable and immovable assets. Among these are investments made by Mauritius-based Tano Investment Opportunities Fund, linked to Dubai-based "hawala operator" Hari Shankar Tibrewal through Foreign Portfolio Investment (FPI) and Foreign Direct Investment (FD), officials informed.
The immovable properties are located in Chhattisgarh, Mumbai, and Madhya Pradesh and are held in the names of the betting app's promoters, operators, and their associates, it added
the ED has frozen, attached, or seized assets worth a staggering Rs 2,295.61 crore as part of the investigation. The probe has also resulted in the arrest of 11 people and the filing of four chargesheets.
The investigation into the Mahadev Online Betting (MOB) app has uncovered links to several high-ranking politicians and bureaucrats from Chhattisgarh. The app's key promoters, Sourabh Chandrakar and Ravi Uppal, also hail from the state.
The app is an umbrella syndicate that facilitates illegal online betting by enrolling users, creating user IDs, and laundering money through a complex network of benami bank accounts
The ED has frozen, attached, or seized assets worth a staggering Rs 2,295.61 crore as part of the investigation. The probe has also resulted in the arrest of 11 people and the filing of four chargesheets.
