ED Freezes Rs. 11.14 Crore Assets of Suresh Raina and Shikhar Dhawan in 1xBet Money-Laundering Probe
The Enforcement Directorate (ED) has frozen assets worth Rs. 11.14 crore belonging to former Indian cricketers Suresh Raina and Shikhar Dhawan. The action is part of a money-laundering investigation connected to an illegal online betting site called 1xBet.
According to ED officials, Shikhar Dhawan’s property worth Rs. 4.5 crore has been attached (frozen). And Suresh Raina’s mutual fund investments worth Rs. 6.64 crore have also been attached.
The ED says both players knowingly signed endorsement deals with foreign companies linked to 1xBet, helping to promote the illegal betting platform and its related sites.
This move has been taken under the Prevention of Money Laundering Act (PMLA).
