ED Raids 18 Senior Bureaucrats
New Delhi: In a dramatic turn of events the Enforcement Directorate (ED) raided atleast 18 senior bureaucrats in nine states on Thursday. The bureaucrats are said to be involved in various scams. The raids and searches took place under the prevention of Money Laundering Act. The nince states included Delhi, Bihar and Karnataka.
The raids took place as there were allegations against high level bureaucrats involved in high level cases including State Trading Corporation (STC) scam and Louis Berger bribery case. The STC scam involved huge irregularities in exports causing losses of hundred crores. The higher official involved in the scam were raided. The LB case involved improper payments made to Churchill Alemao by the principal chief engineer.
Apart from these scams, the law enforcement agency would be raiding officials involved in SBI post demonetisation case. There were allegations that these officials helped people to convert black money into white.
It’s known that ED had conducted raids on 300 shell companies on April 1st as these companies were used to convert black money into white for politicians from various parties.
The ED sources revealed that these raids are only first round and many such raids can be expected in the future.