Brief by Shorts91 Newsdesk / 06:49am on 07 Nov 2025,Friday India
The Enforcement Directorate (ED) has provisionally attached assets worth ₹11.14 crore belonging to former Indian cricketers Suresh Raina and Shikhar Dhawan under the Prevention of Money Laundering Act, 2002 as part of its investigation into the offshore online-betting platform 1xBet and its surrogates. Raina’s mutual fund investments of approximately ₹6.64 crore and Dhawan’s immovable property valued around ₹4.5 crore have been attached. The ED alleges that both endorsed the platform via foreign entities, with funds routed through layered transactions to disguise illicit origins. Investigation continues into wider money-laundering links exceeding ₹1,000 crore connected to this network. (PC: PTI)
