The Enforcement Directorate on Monday carried out searches at 10 locations at ten places across Uttar Pradesh, national capital and Mumbai to probe money laundering in ₹700 crore bank fraud case lodged against former Samajwadi Party MLA Vinay Shankar Tiwari, son of Gorakhpur-based late mafia-turned politician Hari Shankar Tiwari.
The ED launched investigation under the Prevention of Money Laundering Act (PMLA) against Tiwari, a promoter of Gangotri Enterprises, on the basis of an FIR registered by the Central Bureau of Investigation (CBI). He was accused of large-scale financial irregularities as he invested large sum of loans his company took from a banks in places elsewhere other than the specified purpose.
A consortium of banks led by Bank of India had filed a complaint to the investigating agencies seeking probe against Gangotri, know for securing government contracts, for defrauding them.
Inheriting his father Hari Shankar Tiwari’s legacy, who was a former state minister from Gorakhpur, Vijay won Chillupar seat on a BSP seat but later shifted to Samajwadi Party. He lost the 2022 assembly elections.
Published on April 7, 2025
