Ahmedabad: Enforcement Directorate ’s Mizoram unit on Friday took custody of Kashyap Thakkar, a chemical trader operating in the city, in connection with a money laundering probe linked to a drug trafficking case registered in the northeast.
A special PMLA court granted transit remand of Thakkar, whose firm, Krishiv Enterprises, allegedly supplied large quantities of Caffeine Anhydrous to small pharmacy shops and traders in the northeast.
The ED registered a money laundering complaint in Aizawl after an NDPS case was filed following the recovery of 4.7kg of suspected heroin. He also submitted that Thakkar had been issued summons for Oct 28 and there was no need to arrest him before that date. You Can Also Check: Gold Rate in Ahmedabad | Silver Rate in Ahmedabad | Bank Holidays in Ahmedabad | Public Holidays in Ahmedabad | Ahmedabad AQI | Weather in Ahmedabad | Petrol Price in Ahmedabad | Diesel Price in Ahmedabad | CNG Price in Ahmedabad | LPG Price in Ahmedabad Stay updated with the latest Ahmedabad news.
Investigators found a money trail and unexplained bulk supplies of caffeine anhydrous, which is allegedly used as a diluent in methamphetamine tablets, to buyers in the northeast, according to the ED. The agency told the court that Thakkar’s custodial interrogation was necessary to identify the recipients of the chemical consignments and determine the extent of alleged laundering. Its chargesheet is based on that case. Some of the buyers have been named in the money laundering case. It also claimed that he had not cooperated with the investigation. Opposing ED’s plea, Thakkar’s advocate Amit Nair argued that the trader had been discharged from the NDPS case. Download the TOI App.