New Delhi, Nov 6: The Enforcement Directorate (ED) has attached assets valued at ₹11.14 crore belonging to former Indian cricketers Suresh Raina and Shikhar Dhawan in connection with a money-laundering investigation linked to the operations of the alleged illegal betting platform 1xBet, official sources said on Thursday.
According to the sources, the ED issued a provisional attachment order under the Prevention of Money Laundering Act (PMLA), seizing an immovable property worth ₹4.5 crore owned by Dhawan and a mutual fund investment worth ₹6.64 crore held by Raina.
The federal agency’s investigation reportedly revealed that both former cricketers “knowingly entered into endorsement agreements” with foreign entities for the promotion of 1xBet and its surrogate platforms.
1xBet, an online betting website, has been under the scanner of Indian authorities for allegedly facilitating illegal betting and money-laundering activities through offshore operations.
Further investigation into the financial transactions and the involvement of other individuals associated with the case is currently underway, officials added.
