07 August 2024

On August 5-6, 2024, the Enforcement Directorate (ED) in Indore conducted searches at 20 locations related to the Indore Municipal Corporation (IMC) Fake Bills Scam under the Prevention of Money Laundering Act (PMLA), 2002. The investigation followed multiple FIRs filed by the Madhya Pradesh Police concerning the scam. It was found that contractors, in collusion with IMC officials, created fake bills for non-existent drainage work. These bills were not verified by IMC's Account and Audit Department before payments were made. The illicit funds generated from these fake bills were laundered among contractors and IMC officials. The search resulted in the seizure of incriminating documents, digital devices, and unaccounted cash totaling Rs. 1.25 Crore, as well as the freezing of bank accounts, fixed deposits, and investments amounting to Rs. 20.8 Crore.