Overview
- The Enforcement Directorate submitted the chargesheet to its special court at Bankshall, formally opening money-laundering proceedings.
- Investigators named 18 accused and cited 14 companies, including GD Mining, in an alleged laundering network tied to illegal sand operations.
- The case file spans roughly 4,700 pages and follows the November 6 arrest of GD Mining owner Arun Sharaf.
- The ED alleges forged QR-coded permits, duplicate truck licence plates and invalid challans were used to move and sell sand, with illicit cash later folded into company accounts through unexplained deposits.
- Sources say investigators suspect part of the funds moved abroad via hawala channels, and the next hearing is scheduled for Monday.