New Delhi, 26 May 2022

As per news report of NDTV, The searches are being conducted at seven locations across Pune, Mumbai and Dapoli, including Mr Parab's residence, after the probe agency filed a fresh case against the Shiv Sena leader under the criminal sections of the Prevention of Money Laundering Act (PMLA). The ED action against the minister pertains to the allegations that Mr Parab had purchased a piece of land in Dapoli in Ratnagiri district for ₹ 1 crore in 2017, but it was registered in 2019. It is alleged that the land was subsequently sold to a Mumbai-based cable operator Sadanand Kadam in 2020 for ₹ 1.10 crore, and between 2017-2020, a resort was constructed on the land. An Income Tax Department investigation earlier had alleged that the construction of the resort started in 2017 and over ₹ 6 crore was spent on it.

Source -NDTV

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