ED summons codeine smuggling kingpin Shubham Jaiswal; warns of NBW, Interpol notice

ED sources said Shubham Jaiswal was named in a UP police FIR and is one of the accused in a PMLA case lodged by the agency based on 24 FIRs filed over the past year by UP Police, STF, and FSDA. These cases relate to large-scale seizures of illegal, adulterated, or mislabelled codeine syrups, the arrest of carriers, forged stock records, and suspicious financial activities by pharmaceutical and transport firms.The FIRs cover districts including Lucknow, Chandauli, Varanasi, Ghaziabad, Sonbhadra, Sultanpur, Kanpur Nagar, Jaunpur, Bahraich, Bhadohi, and Ghazipur, pointing to a widespread and structured criminal network.According to sources, Shubham Jaiswal allegedly created fake GST invoices, manipulated stock registers, employed unregistered transporters handling pharma cargo, routed interstate cash movements through informal channels, engaged in unlicensed bottling, and ran suspected illegal manufacturing units. “These findings are an offence under PMLA and is an organised financial crime,” said a senior official.The ED has also written to UP Police seeking complete case files and bank details of all 67 accused, and has begun examining bank accounts, GST filings, ITRs, property registries, and digital ledgers. The agency is mapping transporters, warehouses, distributors, and interstate logistics, and is scrutinising suspected shell firms used to route profits.Sources said preliminary probes have revealed diversion of pharmaceutical stock, illegal manufacturing, smuggling routes, and laundering of profits, with the investigation still underway.



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