Overview
- ED teams searched nine locations on October 8, including Dongri, Mazgaon and Worli, under the Prevention of Money Laundering Act.
- Officers seized about ₹42 lakh in cash, three second-hand luxury cars, digital devices and property papers, and froze a locker and multiple bank accounts.
- The money-laundering inquiry stems from an NCB case that followed a 20 kg mephedrone seizure, with the network allegedly operated by Faisal Javed Shaikh and his wife, Alfiya.
- Faisal is under preventive detention in a Chennai jail under PIT-NDPS, while investigators say he procured MD from wanted kingpin Salim Ismail Dola, who remains at large with a reward announced for information.
- The probe has widened to a network of shell companies with paper transactions exceeding ₹100 crore and suspected remittance routes, with seized assets under forensic review for provisional attachment and PMLA prosecution.