ED, Mumbai has conducted search operations at 13 different locations across Mumbai and Hyderabad under the provisions of the PMLA, 2002 on 14.05.2025 &15.05.2025

The investigation is linked to multiple FIRs registered by the Mira Bhayandar Vasai Virar (MBVV) Police Commissionerate regarding illegal construction of residential and commercial buildings on government and private land under the jurisdiction of the Vasai Virar Municipal Corporation (VVMC) since 2009. Authorities also recovered a large number of incriminating documents during the searches.

The case involves builders and developers accused of fraudulently constructing and selling flats in unauthorized buildings using fake approval documents. The Bombay High Court had previously ordered the demolition of 41 illegal buildings in the area, which was carried out by VVMC on February 20, 2025.

Additionally, the ED confiscated diamond-studded jewellery and bullion estimated to be worth ₹23.25 crore. A large number of incriminating documents and digital evidence were also recovered during the operation. The ED has not yet disclosed the names of the individuals or entities involved, but sources suggest the action was linked to a probe involving suspected financial irregularities and laundering of large sums of money through shell companies and high-value transactions.

The seized assets are being catalogued, and further investigation is underway to determine the full scope of the money trail, the beneficiaries involved, and any potential links to larger financial or criminal networks. This operation underscores the ED's continued efforts to crack down on illicit financial flows and reinforce transparency and accountability in the financial system.

Our channel does not officially confirm this news, all its information has been disseminated through Ed's Twitter post.