ED seizes cash, gold , freezes lockers in search on Bharat Papers Limited

Two days after Enforcement Directorate (ED) conducted raids in Ludhiana, Jammu and other places in connection with alleged Rs. 200 cr. bank fraud case it has been revealed that cash, gold , incriminating documents have been seized while several lockers being freezed. According to information available, "ED conducted search operation on 31 Jan 2024 at ten locations spread over Jammu & Kashmir, Punjab and Uttar Pradesh including office/residential premises related to the present/past directors of M/s Bharat Papers Limited, M/s International Traders and M/s Choudhary Industrial Projects Pvt. Ltd in connection with the case registered under the PMLA, 2002 against M/s Bharat Papers Limited" According to ED, "During the search operation, Indian Currency of more than Rs.30 lakhs, around 600 grams gold, bank account, lockers, various incriminating documents in the form of property documents, hard disk, digital device, digital evidence and loose papers were found and frozen/seized"