Overview
- The Enforcement Directorate took Manoj Gaur into custody under the PMLA and a Delhi court granted five days of remand after the agency sought seven.
- Investigators allege Gaur played a central role in routing buyer collections through intra‑group transactions, including to Jaypee Sewa Sansthan, Jaypee Healthcare and Jaypee Sports, with Gaur identified as managing trustee of JSS.
- The probe stems from 2017 FIRs by the Economic Offences Wings of Delhi and Uttar Pradesh that accused Jaypee Group promoters of cheating, criminal conspiracy and misuse of funds from buyers of Jaypee Wishtown and Jaypee Greens projects.
- ED statements reference about ₹14,599 crore collected from homebuyers as per NCLT-admitted claims with roughly ₹13,000 crore not used for construction, while some reports cite a larger ₹32,825 crore laundering operation under examination.
- Searches on May 23 at 15 sites in Delhi-NCR and Mumbai recovered ₹1.7 crore in cash and extensive financial and digital records that the ED says are undergoing forensic analysis to trace fund flows and potential offshore links.