New Delhi : The Enforcement Directorate (ED) has arrested Manoj Gaur, Managing Director of Jaypee Infratech Limited, in a money laundering case linked to the alleged siphoning of money paid by homebuyers for the construction of flats, according to sources on Thursday.

The Enforcement Directorate had in May carried out searches at 15 premises linked to Manoj Gaur's flagship real estate development companies -- Jaypee Infratech Ltd., and Jayprakash Associates Ltd, as well as their associated entities. During the operation, officials seized hard cash to the tune of Rs 1.7 crore, along with financial records, digital data, and property documents registered in the names of promoters, their family members, and group companies. Read Also ED Raids 14 Locations In ₹85-Crore Fraud Case Involvin

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