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ED Raids 25 Locations Across 3 States in Codeine Cough Syrup Money‑Laundering Probe

The money‑laundering case builds on more than 30 UP FIRs to trace an estimated ₹1,000 crore from diverted codeine syrups.

Overview

  • Search teams hit sites in Lucknow, Varanasi, Jaunpur, Saharanpur, Ranchi and Ahmedabad, targeting premises linked to alleged kingpin Shubham Jaiswal, associates and connected manufacturers and distributors.
  • Officials reported seizing 46,891 bottles from a Lucknow office and collecting financial records and digital data, with several listed business addresses found to be fake.
  • Uttar Pradesh Police say about 32 people have been arrested to date and a Special Investigation Team is in place, while Jaiswal is absconding and believed to be in Dubai with extradition steps initiated.
  • Investigators describe a diversion network using shell firms, forged licences and falsified e‑way bills, with routes alleged to extend into Nepal and Bangladesh.
  • State regulators have filed criminal cases under the NDPS and BNS Acts and identified roughly 133 implicated firms across 31 districts, which underpins the ED’s PMLA case.