ED seizes over Rs 1 crore cash in Rs 2,000 denomination during raids in money laundering case

New Delhi: The Enforcement Directorate on Wednesday said it has seized Rs 1.62 crore in cash, most of it in Rs 2,000 denomination, following a raid against a man accused of extortion, murder and liquor smuggling in Gujarat, Maharashtra and Daman.

Nine residential and commercial premises of Suresh Jagubhai Patel and his associates were searched in Daman and



Gujarat's Valsad on June 19 under the Prevention of Money Laundering Act (PMLA), the probe agency said in a statement.

Suresh Jagubhai Patel and his accomplices -- Ketan Patel, Vipul Patel and Miten Patel -- are in judicial custody in connection with a 2018 double murder in Daman, the probe agency said.