ED raids premises of Jaypee Infratech, associated entities in fund diversion case
Searches being conducted on 15 premises located in Delhi NCR and Mumbai, say sources
New Delhi, Updated At : 02:21 PM May 23, 2025 IST
Photo: @dir_ed
Advertisement
The Directorate of Enforcement (ED) is conducting searches in a PMLA case related to major realtors like Jaypee Infratech and Jaypee Associates among others for fraud with homebuyers and investors of around Rs 12,000 crore and siphoning as well as diversion of funds.
Advertisement![]()
The searches, which began on Friday morning, are being conducted on 15 premises located in Delhi NCR and Mumbai, including Jaypee Associates and its associated entities, Gaursons, Gulshan, Mahagun and Suraksha Reality, sources informed.
Further details are awaited.
Advertisement
×
Unlock Exclusive Insights with The Tribune Premium
Take your experience further with Premium access.
Thought-provoking Opinions, Expert Analysis, In-depth Insights and other Member Only Benefits
Combo
Yearly
Monthly
Already a Member? Sign In Now
Advertisement
Advertisement
Advertisement
Copyright © The Tribune Trust, 2024
Designed and developed by : 
