New Delhi: The Enforcement Directorate (ED) on Friday carried out coordinated searches across Delhi-NCR and Jaipur as part of an ongoing money laundering investigation linked to a major drug trafficking case. The action comes a year after the Narcotics Control Bureau (NCB) seized over 80 kilograms of high-grade cocaine, estimated to be worth around ₹900 crore.
Sources confirmed that at least five premises across the two cities were raided under the provisions of the Prevention of Money Laundering Act (PMLA). The ED is probing the financial trails connected to the trafficking and distribution network involved in the cocaine seizure from areas in Janakpuri and Nangloi, Delhi, on 14 November 2024.
The raid is part of the ED's efforts to dismantle the financial infrastructure that supports drug trafficking syndicates. Authorities are reportedly gathering evidence to trace the money flow and identify key figures involved in the drug trade, including their links to international cartels.
The case continues to raise alarm over the increasing scale of illicit drug trafficking in the capital and surrounding regions, with law enforcement agencies working to curb the growth of such networks. The ED's investigation into money laundering linked to the cocaine haul underscores the seriousness with which authorities are tackling narcotic-related offences and their financial implications.
