Shillong: Federal agents seized property worth 22.46 crore in Bhopal. The Enforcement Directorate targeted a cricket academy, several hotels, and land plots. The move hits the estate of the late Arvind Joshi and his wife Tinoo Joshi. Both were former IAS officers in Madhya Pradesh.
The agency acted under the Prevention of Money Laundering Act. They focused on assets held in Village Semri Bajyafat. The investigation began after the Lokayukta police filed an FIR alleging the pair held 41.87 crore in assets beyond their legal income. The probe found the couple abused their government status for illegal gain.
Arvind Joshi allegedly funneled dirty money into the Faith Cricket Club. He used an associate named Raghvendra Singh Tomar to mask the investment. The agency stated, "Late Arvind Joshi had acquired numerous movable and immovable properties in his own name as well as in the names of family members and close associates using Proceeds of Crime."
The couple used fake agreements and complex business layers to hide their ownership. Investigators previously seized assets worth 13.60 crore. Officials are still hunting for more hidden wealth tied to the case.
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