
ED Investigates ₹65 Crore Mithi River Fraud
The Enforcement Directorate (ED) is investigating a significant money-laundering case linked to the alleged desilting fraud of Mumbai's Mithi River. This scam resulted in a loss of over ₹65 crore for the Brihanmumbai Municipal Corporation (BMC). Recently, the ED recorded statements from key figures, including BMC officials and contractors, to gather evidence. The probe suggests a cartel formed to manipulate BMC tenders and inflate contract rates, leading to undue financial benefits for the involved parties. With substantial cash and multiple accounts frozen, the investigation is ongoing, and further clarifications may be sought.