ED raids residences of SALAI board members

By Our Staff Reporter
IMPHAL, Dec 17 : Enforcement Directorate (ED) carried out simultaneous raids at five different locations as part of the ongoing investigation into money laundering activities against the Managing Director of SALAI Group Narengbam Samarjit and four other members of Board of Directors of SALAI Group, today
The raids which began in the early hours continued till noon.
Five separate ED teams conducted the raids at the residences of   Narengbam Samarjit Singh, s/o Narengbam Jogendra Kumar of Sagolband Tera Loukrakpam Leikai; Narengbam Biswajit Singh, s/o  Narengbam Jogendra Kumar Singh of Sagolband Tera Loukrakpam, Leikai; Akoijam Deepa Anand, s/o Akoijam Nandalala Singh of Kwakeithel Akham, Leikai; T Tikendra Singh, s/o TJ Singh of Uripok Tourangbam, Leikai and Elangbam Brojendro Singh, s/o Elangbam Bhubaneshwar Singh of Keishamthong Elangbam  Leikai Leirak Macha.
It may be mentioned that on April 29, 2024, the Special Judge for the Prevention of Money Laundering Act (PMLA) in Imphal East took cognizance of the charge sheet filed by the Enforcement Directorate under Section 4 of the PMLA.
The charge sheet accuses Narengbam Samarjit and seven other individuals, including the directors of various entities associated with the SALAI Group, of committing offences related to money laundering.
The case is currently in the stage of recording prosecution witness statements and cross-examinations.