Did ED Conduct Raids in Bikaner Over Alleged Foreign Funding Links?
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Synopsis
In a significant enforcement operation, the ED conducted raids across Bikaner, targeting six locations linked to individuals allegedly involved in foreign funding and money laundering. The operation reflects ongoing efforts to tackle illegal financial networks in the region.
Key Takeaways
- ED raids in Bikaner targeted multiple locations linked to money laundering.
- Four individuals, including a former councilor, are under investigation.
- Heavy security was in place during the raids.
- Investigation focuses on suspected foreign funding channels.
- Operation reflects ongoing efforts to combat financial crime in India.
Jaipur, Sep 17 (NationPress) The Enforcement Directorate (ED) executed extensive raids in Bikaner on Wednesday, focusing on six locations associated with four individuals, including a former councilor, amid an investigation into a money laundering and alleged foreign funding case.
As reported by police sources, an ED team, arriving late on Tuesday night from Jaipur, initiated simultaneous raids at around 7:30 a.m. on properties in Phad Bazaar, Subhashpura, Dhobi Talai, and Sarvodaya Basti.
The operation, which was executed under heavy security, involved support from CRPF and local police personnel, extending until Wednesday evening.
During the proceedings, the ED imposed a 100-meter exclusion zone around the sites to minimize external interference.
Police confirmed that searches were conducted at the homes of Shabir in Sarvodaya Basti, Mohammad Sadiq Ali in Dhobi Talai, Bunty alias Asgar Ali in Phad Bazaar, and former councilor Javed Khan in Subhashpura.
The day-long operation continued through Wednesday evening, with ED officials examining documents, financial records, and electronic devices.
Although no official announcements were made regarding the findings, sources revealed that the agency suspects the four individuals of receiving funds from abroad and subsequently routing the money to various entities within India.
The involvement of CRPF troops alongside state police highlighted the operation's sensitivity. Local residents reported significant security force movements throughout the city during the raids.
Officials stated that the ED requested logistical assistance from the district administration, with the Superintendent of Police kept informed throughout the operation. However, no arrests were reported by late evening.
The ED's actions in Bikaner have sparked extensive discussions in both political and business circles, as the case purportedly involves networks that extend beyond Rajasthan.
With investigations ongoing, more information is anticipated once the agency completes its review of the confiscated materials. These raids are part of the ED's broader initiative against suspected hawala and foreign funding channels, which the agency believes are being utilized to funnel unaccounted money into the country.
Point of View
The recent ED raids in Bikaner highlight a crucial effort to uphold financial integrity and combat illicit funding channels. While the investigation unfolds, it underscores the importance of transparency and accountability in both political and business sectors.
NationPress
20/09/2025
Frequently Asked Questions
What prompted the ED raids in Bikaner?
The raids were initiated as part of an investigation into money laundering and suspected foreign funding activities involving local individuals.
Who were the targets of the ED raids?
The operation focused on six locations linked to four individuals, including a former councilor.
What measures were taken during the raids?
The ED established a 100-meter perimeter around the targeted locations and operated under heavy security with CRPF and local police support.
What is the broader context of these raids?
These actions are part of the ED's comprehensive crackdown on suspected hawala networks and foreign funding channels that may be facilitating unaccounted financial flows into India.
Are any arrests expected from these raids?
As of the latest updates, no arrests have been reported, but investigations are ongoing.
