Demonetisation: ED conducts countrywide raids, recovers 10 lakh in new notes from Kolkata doctor
According to sources, ED officers and local police conducted raids at some 16 locations in Eastern part of the country, including six places in Kolkata, two locations in Guwahati, two each in Odisha's Bhubaneswar and Paradip.
"To bust the illegal exchange of scrapped notes through hawala rackets and find out stashed new notes, the raids were conducted today," an ED official told IBNS.
During the raids, the ED investigators seized as many as Rs. 10 lakh in new notes from a doctor's premise in Kolkata and foreign currency of several countries worth Rs. 4 lakh were also recovered from the same facility, according to ED sources.
A top official of Guwahati based ED office said that the ED team conducted search operations at the office of three cement companies in Guwahati.
“During the operation, the ED team had seized huge quantity of scrapped Rs 500 and Rs 1000 notes and some documents from the offices,” the ED official said.
An ED official said that such raids will be conducted again in future.
(Reporting by Deepayan Sinha from Kolkata & Hemanta Kumar Nath from Guwahati)
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