Saturday, Sep 23, 2023
English News
  • Hyderabad
  • Telangana
  • AP News
  • India
  • World
  • Entertainment
  • Science and Tech
  • Sport
  • Business
  • Rewind
  • ...
    • NRI
    • View Point
    • cartoon
    • Columns
    • Education Today
    • Reviews
    • Property
    • Videos
    • Lifestyle
E-Paper
  • NRI
  • View Point
  • cartoon
  • Columns
  • Reviews
  • Education Today
  • Property
  • Videos
  • Lifestyle
Home | Telangana | Hair Smuggling Enforcement Directorate Conducts Searches At Various Locations

Hair smuggling: Enforcement Directorate conducts searches at various locations

Hyderabad: The Enforcement Directorate (ED) conducted search operations on Wednesday and Thursday last week under Prevention of Money Laundering Act (PMLA)-2002 at multiple locations spread from Hyderabad to Aizwal and further up to Myanmar border town of Champai in Mizoram. These searches were conducted in money laundering investigation pertaining to smuggling of raw human hair […]

By Telangana Today
Published Date - 11:10 PM, Mon - 14 February 22
Hair smuggling: Enforcement Directorate conducts searches at various locations
whatsapp facebook twitter telegram

Hyderabad: The Enforcement Directorate (ED) conducted search operations on Wednesday and Thursday last week under Prevention of Money Laundering Act (PMLA)-2002 at multiple locations spread from Hyderabad to Aizwal and further up to Myanmar border town of Champai in Mizoram.

These searches were conducted in money laundering investigation pertaining to smuggling of raw human hair from India to Myanmar through illegal land routes via Mizoram generating huge cash, according to a press release.

A large part of cash thus generated was used for making illegal compensatory payments through unauthorised channels for smuggled hair and under-valued exports of human hair from entities spread across India.

The ED initiated a money-laundering investigation after it came across large hawala payments to local hair traders in the fund trail investigation of online Chinese betting mobile applications.

Subsequently, based on ED’s complaint, the Central Crime Station (CCS) of Hyderabad Police registered a fresh FIR under various Sections of the Indian Penal Code (IPC) wherein, it was alleged that one Nayla Family Exports Private Limited (Director Md Ibrahim Patel) exported human hair by using benami Import Export Code (IEC) of multiple local proprietary firms.

A large scale domestic sales of raw human hair were taking place from Andhra Pradesh and Telangana to Guwahati and Kolkata. All this domestically sold hair was ultimately finding its way to China via Myanmar and sale proceeds were surprisingly being received from shell bank accounts in Mizoram.

The ED conducted fund trail investigation and zeroed in on shell entities – St Mary’s Gem Industries Champai, Sun Moon Human Hair Champai and Thari Enterprises Aizwal and based in Mizoram which were taking in hundreds of crores of cash deposits and then remitting the deposited amount to several hair merchants spread across India.

One Lucas Thangmangliana (resident of remote Champai District) is the chief facilitator of this mammoth hawala operation. The ED has seized various incriminating documents, handwritten diaries, digital devices and also recovered cash of Rs 1.20 crore.

The ED has identified various suspicious bank accounts which were being used for huge cash deposits. Accordingly, the ED has issued freezing order under PMLA against such 139 bank accounts. Statements of bankers and account holders are being recorded, the release added.


Now you can get handpicked stories from Telangana Today on Telegram everyday. Click the link to subscribe.

Click to follow Telangana Today Facebook page and Twitter .


Telangana Today Whatsapp
  • Follow Us :
  • Tags
  • Enforcement Directorate
  • Hair smuggling
  • Mizoram
  • Prevention of Money Laundering Act (PMLA)-2002

Related News

  • Coal scam case: CBI witness moves SC after ED names him accused in linked case, claims violation of fundamental right

    Coal scam case: CBI witness moves SC after ED names him accused in linked case, claims violation of fundamental right

  • ED likely to confront JD(U) MLC, son in Bihar illegal sand mining case

    ED likely to confront JD(U) MLC, son in Bihar illegal sand mining case

  • Flat selling case: ED tracks audit report of accused company with Nusrat Jahan’s signature as director

    Flat selling case: ED tracks audit report of accused company with Nusrat Jahan’s signature as director

  • ED to not summon BRS MLC Kavitha till September 26

    ED to not summon BRS MLC Kavitha till September 26

  • SC fixes Sep 18 for hearing Jharkhand CM Hemant Soren’s plea against ED summons

    SC fixes Sep 18 for hearing Jharkhand CM Hemant Soren’s plea against ED summons

  • Heroin worth Rs 1.6 crore recovered in Mizoram, one held

    Heroin worth Rs 1.6 crore recovered in Mizoram, one held

Latest News

  • DEET: End your Job search here

    6 hours ago
  • India vs Australia 1st ODI Highlights: Rahul And Surya Deal The Chase Calmly

    6 hours ago
  • Editorial: Onus on Ottawa

    6 hours ago
  • Prize money for ICC Men’s Cricket World Cup 2023 revealed

    6 hours ago
  • Karnataka govt. says it is committed to protect state’s interest in Cauvery issue

    6 hours ago
  • India vs Australia 1st ODI Highlights: Zampa Attempts To Control India’s Chase

    6 hours ago
  • Jairam Ramesh demands suspension of BJP MP Bidhuri over remarks

    6 hours ago
  • Opinion: Why slowing China worries West

    6 hours ago

company

  • Home
  • About Us
  • Contact Us

business

  • Subscribe

telangana today

  • Telangana
  • Hyderabad
  • Latest News
  • Entertainment
  • World
  • Andhra Pradesh
  • Science & Tech
  • Sport

follow us

© Copyrights 2022 TELANGANA PUBLICATIONS PVT. LTD. All rights reserved. Powered by Veegam