Tag: Yeshwant Sawant

Latest StoriesRegulatory

Goa Land Grab Scam Valuation May Surpass ₹1,200 Crore: ED

PANAJI: According to the Enforcement Directorate (ED), the market value of land parcels allegedly illegally acquired by Yeshwant Sawant and others is expected to surpass Rs 1,200 crore, as reported by Murari Shetye. The ED conducted searches on Monday and Tuesday at 13 residential and commercial locations across Goa and Hyderabad in this alleged land grab case, seizing Rs 72 lakh and seven luxury vehicles. The investigations were initiated under the Prevention of Money Laundering Act (PMLA) due to illegal grabs of comunidade lands in Goa. This action followed an FIR filed by the Goa police pertaining to the unlawful…

Latest StoriesRegulatory

ED Seizes Luxury Cars in Goa ‘Illegal’ Land Grab Case

NEW DELHI: The Enforcement Directorate (ED) has confiscated seven luxury vehicles including brands such as Porsche, Mercedes, and Audi, following raids in a money laundering investigation tied to an alleged ₹1,200 crore land grabbing case in Goa. This case involves an individual named Yeshwant Sawant and several others. The operation began on Tuesday and concluded on Wednesday. According to the ED, 13 residential and commercial properties in Goa and Hyderabad were examined under the Prevention of Money Laundering Act (PMLA) due to the “illegal” seizure of Communidade lands in Goa, as stated in the agency’s announcement. The ED’s case is…