ED conducts searches in Mumbai and Aurangabad, seizes assets worth 8 cr – World News Network

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Mumbai (Maharashtra) [India], December 18 (ANI): The Directorate of Enforcement (ED), Mumbai conducted search operations at nine different locations across Mumbai and Aurangabad under the provisions of the PMLA, 2002, the agency said in a statement on Wednesday.
The raids on Tuesday were carried out in connection with the money laundering case involving bank fraud against M/s Spectra Industries Limited (SIL) and others.
The search operation led to the freezing of bank balance, Fixed Deposits equity shares and securities worth Rs. 8 Crore, it added.
Further details are awaited. (ANI)

Disclaimer: This story is auto-generated from a syndicated feed of ANI; only the image & headline may have been reworked by News Services Division of World News Network Inc Ltd and Palghar News and Pune News and World News

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