Photo Courtesy: northeasttoday
Aizawl: The Enforcement Directorate launched widespread raids across Mizoram on Thursday as part of an investigation into a 970-crore money laundering operation. The probe centers on the illegal smuggling of dry areca nuts imported from Myanmar.
Officers searched nine premises in Champhai, a border town known for its history of cross-border trade. This operation follows a case registered under the Prevention of Money Laundering Act, which originated from a Central Bureau of Investigation report alleging systemic smuggling.
The agency aims to dismantle an organized network accused of exploiting the porous border to move contraband and funnel profits through illegal financial channels. The ED stated that the searches are "aimed at dismantling a network accused of orchestrating this illicit trade and channeling its proceeds through unlawful financial routes."
Authorities expect the evidence gathered during these raids to reveal the full scope of the money trail. The investigation remains focused on identifying the individuals and entities responsible for the large-scale smuggling operation.
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