ED raids Cong leader Baba Siddique for money laundering

RSTV Bureau
File Photo: Former Congress Maharashtra MLA Baba Siddique. ED raided Baba Siddique's place in connection with a money laundering probe related to Mumbai Slum Redevelopment Scam. (Photo Courtesy: Profile Videos).

File Photo: Former Congress Maharashtra MLA Baba Siddique. ED raided Baba Siddique’s place in connection with a money laundering probe related to Mumbai Slum Redevelopment Scam. (Photo Courtesy: Profile Videos).

Anti money laundering agency – enforcement directorate – Wednesday conducted searches at the premises of Congress leader Baba Siddique and few others in connection with a money laundering probe case.

Officials said the raids are being conducted on at least half a dozen locations in the Maharashtra capital, including that of a builder.

The Enforcement Directorate, they said, has registered a criminal case against Siddique and others under the Prevention of Money Laundering Act (PMLA) based on a local police FIR in connection with alleged financial irregularities in the redevelopment of a slum area in suburban Bandra.

The agency also suspects usage of shell companies in committing the alleged irregularities and hence the raids are being conducted to gather more evidence, they said.

Siddique has been a Congress MLA in the Maharashtra Assembly and also served as a Municipal Corporator.