
The Enforcement Directorate (ED) has initiated the process to extradite Inderjeet Singh Yadav from Dubai to Haryana. Last week, the ED’s Gurugram regional office raided the properties of Yadav and his associates in Delhi and Gurugram. This is the first time that Yadav has issued a statement following the raids.
Chandigarh:
The Enforcement Directorate (ED) conducted searches in Delhi related to a money laundering investigation involving Inderjeet Singh Yadav, his associates, Apollo Green Energy Limited, and other related entities and individuals. The raid was part of an ongoing investigation into alleged forced loan settlements and extortion associated with Yadav and his network. During the searches, the agency seized approximately ₹6.51 crore in cash, ₹17.4 crore worth of jewelry, five luxury vehicles worth ₹8-9 crore, and documents related to properties valued at approximately ₹35 crore.
It is alleged that after Income Tax officials raided Yadav’s residence, he fled India and has been operating from Dubai to avoid arrest. Efforts are underway to extradite him to India so that appropriate legal action can be taken against him.
Inderjeet Singh Yadav Denies Allegations
Following the raids, Inderjeet Singh Yadav issued a statement, claiming that no cash or objectionable material was seized during the ED’s operation. Yadav denied the claims in the media regarding the raid on his properties, asserting that no cash, jewelry, or illegal items were found during the search.
According to Yadav, the ED conducted searches at four locations on Friday, 26th December. These included two residential properties in the M3M Complex in Gurugram, a school campus in Nirvana Country, and the GEM corporate office on Lawrence Road in Delhi. Yadav stated that the search process was carried out in a peaceful and lawful manner.
Only Three Computers Seized, Claims Yadav
Yadav clarified that no money, even ₹100, was seized from his premises. Only two to three computer systems were taken for routine checks. He further stated that he was willing to make the inventory report of the search public to dispel any misunderstandings. He emphasized that all his movable and immovable assets are fully declared and linked to his PAN. Yadav added that all his assets were acquired through legitimate banking channels and properly registered loans. He mentioned that the Income Tax Department already has full details of his financial transactions, as they had conducted a search at his premises in January.
Yadav Questions Media Reports
Yadav also raised concerns about the speculative figures being circulated in the media, questioning the impact such reports might have on the judicial process. He argued that if any items had been recovered during the searches, they would have been documented officially. Media trials based on speculation, he said, cannot replace legal conclusions. Yadav denied claims that he was evading investigation agencies. He pointed out that his Indian mobile numbers are active, and he has never received any summons or notice from the ED or any other investigating agency.
Legal Experts Weigh In
According to legal experts, a search conducted under Indian law does not automatically imply guilt. The seized materials will be examined, and conclusions will only be reached once the judicial process is complete. Yadav expressed full confidence in constitutional institutions and stated that he would cooperate fully with the investigation. He concluded by saying that truth does not need noise; it only requires patience and impartiality.
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