New Delhi, Sept 16 (Bureau) Directorate of Enforcement (ED) has seized assets worth Rs 417 crore after conducting searches against the money laundering networks linked with alleged Mahadev Online Betting App in various cities. According to the ED statement, it has conducted searches at 39 locations across Raipur, Bhopal, Mumbai and Kolkata and has seized illegal assets worth Rs 417 Crore. ED has also earnestly taken up investigation abroad.
“The investigation into the matter has revealed that two persons who hail from Bhilai, Chhattisgarh, are the main promoters of Mahadev Online Book and are running their operations from Dubai,” read the statement. ED had earlier conducted searches in Chhattisgarh and arrested four accused including the Chief liaisoner of this betting syndicate which was organizing payment of the bribes to senior government functionaries as ‘protection money’, claimed ED statement.