ED recovers Rs 5 crore cash, suitcase full of jewellery from premises linked to 'gangster' Inderjit Yadav

NEW DELHI: In a search on the premises of alleged gangster Inderjit Singh Yadav and his associates in Delhi-NCR, ED has recovered unaccounted cash of over Rs 5 crore, a suitcase full of gold and diamond jewellery worth more than Rs 8 crore and documents of properties worth Rs 35 crore, totaling to an estimated Rs 48 crore, so far. The search began on Tuesday and continued till late Wednesday, when bank officials were called in with a currency note-counting machine to estimate the laundered proceeds of crime from alleged extortions by politically-connected Yadav - who is absconding and is believed to have fled to the UAE. "The money laundering investigation has been initiated in connection with Inderjit Singh Yadav's illegal extortion, coercive loan settlement of private financers, arms intimidation and earning commission from such illegal activities," a senior official aware of the probe said. There are more than 15 FIRs registered and chargesheets filed by Haryana and UP Police under various sections of the Arms Act and other laws against Yadav and his associates.