Rs 2,800 crore money laundering case: ED raid on Surat firm

The ED searched Surat, Vadodara, Mumbai, and Pune in a Rs 2,800 crore money laundering probe into Paplaj Foreign Trade LLP under FEMA. The ED’s Surat unit targeted Paplaj Foreign Trade LLP, Somabhai Sunderbhai Meena, Ojaskumar Mohanlal Naik, and associates. Documents revealed suspicious remittances from July 2023 to March 2024 due to diamond overvaluation.