ADVERTISEMENT“The businessman has not been able to explain the source of the money,” a senior ED official said. ED teams had conducted search-and-seizure operations at multiple addresses in Calcutta on Wednesday, in connection with an alleged land scam. Some businessmen allegedly collected money from investors, promising high returns from real estate projects on illegally procured land. Officials said the ED was probing the flow of funds as part of the investigation. We are probing his alleged links with some businessmen who seem to have been occupying land illegally,” said an official.

Source: The Telegraph April 03, 2026 04:42 UTC