Friday, November 7: The Enforcement Directorate (ED) has attached assets worth Rs 11.14 crore belonging to cricketers Suresh Raina and Shikhar Dhawan in connection with a money laundering probe linked to the illegal betting app 1xBet.
According to the ED, the attachments were made under the provisions of the Prevention of Money Laundering Act (PMLA) following an investigation into financial transactions connected to the betting network.
The agency said it has seized Rs 6.64 crore worth of mutual fund investments held by Suresh Raina, and Rs 4.5 crore worth of immovable property belonging to Shikhar Dhawan.
The 1xBet case involves allegations of illegal online betting operations and fund transfers through offshore entities, violating Indian financial and gaming laws. The ED’s probe has uncovered multiple high-value investments and property links to proceeds of crime generated through the platform’s betting activities.
Further details on the investigation and the extent of involvement of other individuals or entities are awaited from the agency’s official statement.
The 1xBet betting app has been under scrutiny for allegedly facilitating unauthorized gambling and money laundering operations through online channels, leading to several enforcement actions in recent months.
