Cuttack, Jan 20: Enforcement Directorate (ED) arrested Pawan Kumar Jajodia, a Cuttack based trader, on the charges of money laundering on Thursday.
Besides, a number of incriminating documents were seized from his possession. Sources said, an FIR was lodged against Jajodia with the ED related to money laundering.
Acting upon it, the ED conducted a raid at Jajodia’s residence at Cuttack. Meanwhile, documents related to plots, properties and buildings worth Rs 23 crore were seized from his possession, said an ED official.