Particle.news
Download on the App Store
8 ARTICLES
·
yesterday

ED Seizes Luxury Cars, Cash in Delhi–Haryana Raids Tied to UAE-Based Inderjit Singh Yadav

The PMLA probe centers on alleged coercive settlements of high-value private loans for corporates enforced by armed associates.

ED cocducted searches in 10 locations across Delhi, Gurugram and Rohtak in connection to the money laundering probe.
Image
Image
Yadav is wanted in various cases lodged by Haryana Police and is currently absconding and said to be operating from the UAE, the statement said. (Getty Images)

Overview

  • The Enforcement Directorate searched 10 locations across Delhi, Gurugram and Rohtak on December 26–27 in a money-laundering case.
  • Officials say the operation yielded five luxury cars, bank lockers, Rs 17 lakh in cash, incriminating documents, digital devices and data.
  • The case names Inderjit Singh Yadav, his accomplices, Apollo Green Energy Ltd and associated entities, with Yadav linked to Gem Records Entertainment (Gems Tunes).
  • Investigators allege Yadav acted as a strongman who ran a loan‑settlement portal and coerced corporate borrowers to settle cash loans from Dighal, Jhajjar financiers using threats and armed gangs, earning large commissions.
  • The ED says proceeds were funneled into assets held by Yadav and family members while minimal income was declared, Yadav is believed to be operating from the UAE, and further investigation is underway.