Enforcement Directorate. File | Photo credit: The Hindu
“The Enforcement Directorate (ED) on Wednesday (November 6, 2024) conducted searches at several properties in Bhopal in connection with a money laundering probe in connection with an alleged bank loan fraud case,” official sources said.
“A location in Arera Colony owned by an auditor and some linked buildings are being raided,” the sources said.
“The searches are being conducted under the provisions of the Prevention of Money Laundering Act (PMLA). About four to five properties are being searched,” they said.
“The investigation is related to an alleged bank loan fraud case,” the sources said.
Published – Nov 6, 2024 3:40 PM IST