Overview
- A Delhi court granted the Enforcement Directorate five days to interrogate Manoj Gaur after his arrest under the PMLA in the Jaypee Group investigation.
- In court filings, ED said over ₹33,000 crore was collected for Jaypee housing projects and about ₹13,000 crore was not used for construction.
- The agency alleges substantial diversion from roughly ₹14,599 crore in homebuyer claims admitted before NCLT to related entities and trusts including Jaypee Sewa Sansthan, Jaypee Healthcare and Jaypee Sports International.
- ED told the court Gaur is named in all FIRs tied to the case and cited May 23 searches at 15 locations that yielded ₹1.7 crore in cash plus extensive financial and digital records.
- In a separate case, ED searched 14 sites in Mumbai and Thane on November 12 in a probe into former Lodha Developers director Rajendra Lodha over an alleged ₹85 crore fraud, seizing documents and digital evidence for analysis.