New Delhi, Apr 1 (PTI) The Enforcement Directorate on Wednesday seized about Rs 1.2 crore in cash during searches in Kolkata as part of a money laundering investigation against an alleged criminal and
linked syndicate, official sources said.
The action is being undertaken in the case against Biswajit Poddar alias Sona Pappu, booked on charges of attempt to murder and extortion, the sources said.
The ED action has come amid two-phase assembly polls in West Bengal which are scheduled to be held on April 23 and April 29.
About Rs 1.2 crore in cash has been seized from one location, the sources said, adding all the cash is in Rs 500 denomination. Besides, a country-made pistol has been seized from the premises of Poddar who enjoyed political patronage, they said.
About eight premises, including the residence and commercial premises of Poddar in the Ballygunge area, and that of Babu Sona alias Rahul Das, Sun Group and Jay Kamdar are being raided, the sources said.
The action is being undertaken under the Prevention of Money Laundering Act (PMLA). PTI NES KVK
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