Breaking: ED’s Jaipur unit delivers a body blow to money launderers, provisionally attaching ₹13.48 crore worth of real estate under PMLA. The target? Vinayak Logistics firms and boss Pravesh Kabra, architects of a multi-crore railway heist that now sees total freezes at ₹16.15 crore.
Perfectly mirroring the crime’s yield, these seizures lock down every rupee of tainted wealth, thwarting evasion tactics.
Rooted in CBI cases from key Rajasthan locales, the investigation unmasked a devious plot: high-value marble and dolomite powders masquerading as cheap alum and putty to slash freight bills.
Spanning 2021-22, the syndicate rigged bookings for 120+ rakes with counterfeit notes and false codes. GSI’s forensic verification blew the lid off, exposing ₹16.15 crore in dodged duties and taxes.
Building on earlier ₹2.67 crore grabs, sleuths pinpointed Kabra’s layering via sundry spends, zeroing in on a prime Gurugram address for attachment.
This high-stakes enforcement highlights vulnerabilities in rail logistics and ED’s razor-sharp pursuit. With chargesheets in place, court battles loom, promising justice and deterrence against white-collar crimes eroding infrastructure revenues.