Digital Goa, April 14- The Enforcement Directorate (ED), Lucknow Zonal Office, carried out searches at nine locations across Delhi, Noida, and Goa on April 10 in connection with a money laundering probe against Delhi based real estate firm. The searches were conducted under the Prevention of Money Laundering Act (PMLA) at properties linked to the company and key personnel, including Managing Director Satinder Singh Bhasin, stated ED. As per ED, M/s Bhasin Infotech & Infrastructure Pvt Ltd. started a real estate project named Grand Venezia Commercial Complex and lured various investors in this project through fancy advertisement and false assurances. They failed to award the possession to the investors and siphoned off the amounts invested, ED added. “During the course of search proceedings various incriminating information, documents and electronic devices were seized. In addition to this various bank locker keys, cash of Rs. 30 Lakh were seized and various suspected bank accounts were frozen,” ED added.
