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The Economic Times
The Economic Times
National

First ever: ED auctions seized aircraft Hawker 800A in Falcon scam

New Delhi: In a first of its kind, the Enforcement Directorate (ED) has auctioned an Aircraft (Hawker 800A) through MSTC Ltd for a sale consideration of Rs 3 crore.

ED's Hyderabad zonal office auctioned the Aircraft on July 1. The aircraft was seized during a search operation conducted on March 7, 2025, by the ED's Hyderabad zonal office and was seized from Rajeev Gandhi International Airport in a Prevention of Money Laundering Act (PMLA) case against Capital Protection Force Pvt Ltd, a Hyderabad-based company responsible for running a bogus invoice discounting scheme; its CMD Amardeep Kumar and others.

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