The Enforcement Directorate raided 12 locations simultaneously in the case related to the Rs 750 crore GST scam in Jharkhand on Thursday morning. This action was taken in various districts including Ranchi, Dhanbad, Jamshedpur, Jharia. The ED team raided the locations of scrap businessman and prominent entrepreneur Gyanchand Jaiswal alias Bablu Jaiswal in Adityapur Industrial Area of Jamshedpur district.
Explain that the places where action were taken include his residence in the Sharda Endeers Factory in Hathiadih and his residence in the contractors area of Bishtupur. According to sources, this raid has been conducted in cases related to GST fraud, tax evasion and fake billing. It is noteworthy that Gyanchand Jaiswal has also gone to jail in this case in the past.
ED teams are investigating the documents thoroughly and are engaged in investigating digital evidence and suspicious transactions. In view of the sensitivity of the case, adequate security arrangements have been made. However, no official statement has been issued by the ED so far. There is a possibility that the raid may continue till late evening.
Big action in Jharia too
Here, in Jharia police station area of Dhanbad, ED also took major action on Thursday morning. The team from Ranchi raided the local businessman Amit Aggarwal alias Chinu Aggarwal’s Jagdamba furniture shop on number four main road and their residence at Far Building.
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This action has been taken under investigation of economic irregularities and suspected financial transactions. ED’s team is investigating bank documents, records related to property and digital evidence. As the news of the action spread, there was a stir in the Jharia market and a round of discussions started in local businessmen.
Raids also raided PP compound in Ranchi
The ED has also raided the other five places in the city, including a flat on the fourth floor of Krishna apartment in PP Compound, Ranchi. The agency is also collecting digital records, financial documents and other evidence from these locations. According to the information, raids are still going on at many places.