Guwahati, Aug. 7: The Enforcement Directorate (ED) has carried out search operations at multiple locations in Assam as part of an investigation into an alleged cross-border areca nut smuggling and money laundering network with links extending from Myanmar to Delhi, officials said.
The searches were conducted at 10 residential and commercial premises across Cachar, Hailakandi and Sribhumi districts and are linked to eight individuals suspected of involvement in the illegal trade. The operation was undertaken by the ED’s Aizawl unit under the provisions of the Prevention of Money Laundering Act (PMLA).
According to the agency, the investigation stems from a case registered by the Central Bureau of Investigation (CBI) following directions issued by the Gauhati High Court in connection with allegations of large-scale smuggling of Myanmar-origin areca nuts through Mizoram using forged documents and fraudulent e-way bills.
The ED alleged that the smuggled consignments entered India through the Indo-Myanmar border without customs clearance before being stored in warehouses in Champhai district of Mizoram. The areca nuts were then allegedly supplied through a network of traders and financiers operating in southern Assam and later distributed to buyers in other parts of the country.
Investigators said the probe has uncovered a multi-layered network involving suppliers, transporters, financiers and traders. Analysis of bank transactions has revealed financial dealings worth several crores of rupees among individuals and entities allegedly connected to the operation.The agency also said its investigation traced financial links between businesses in Assam and a Delhi-based trading firm, which is suspected of having commercial transactions with entities under investigation.
Officials are examining the flow of funds and the movement of goods to determine the extent of the alleged money laundering activities.
The ED had earlier conducted searches in Champhai district of Mizoram, where evidence collected during the operation reportedly helped establish the financial trail leading to traders and financiers in Assam and Delhi.
Officials said the investigation is continuing to identify all individuals involved, examine seized documents and financial records, and determine the proceeds of the alleged illegal trade.
The ED has not announced any arrests in connection with the latest searches. Further action will be taken based on the evidence gathered during the ongoing investigation.
