New Delhi [India], October 10 (ANI): The Enforcement Directorate (ED) on Friday carried out searches at 12 locations across West Bengal, Telangana, and Gujarat in connection with a matter of bank fraud involving Rs 2,700 crore, officials said. ED's Kolkata zonal office is conducting these searches at 10 places in Kolkata, West Bengal, one in Hyderabad, Telangana, and one in Gujarat's Ahmedabad, based on certain inputs. The raids are still underway at these locations in close coordination with state police forces. Also Read | India to Reopen Embassy in Kabul, Upgrade Ties With Taliban, EAM S Jaishankar to Afghanistan FM Amir Khan Muttaqi (Watch Video). "The places being raided include the premises of suspects linked to the case," said the officials privy to the development. The search operation is part of the ED's investigation into suspected money laundering and financial irregularities linked to the jewellery firm. Also Read | TVK Vijay Rally Stampede: Supreme Court to Hear Today Plea for Independent Probe Into Karur Stampede. "The agency is examining transactions and records to trace the alleged diversion of bank funds and identify the beneficiaries involved in the scam," the officials added. (ANI) (This is an unedited and auto-generated story from Syndicated News feed, LatestLY Staff may not have modified or edited the content body)
India News | ED Raids 12 Places in West Bengal, Telangana, Gujarat in Rs 2,700 Crore Bank Fraud Case
New Delhi [India], October 10 (ANI): The Enforcement Directorate (ED) on Friday carried out searches at 12 locations across West Bengal, Telangana, and Gujarat in connection with a matter of bank fraud involving Rs 2,700 crore, officials said. ED's Kolkata zonal office is conducting these searches at 10 places in Kolkata, West Bengal, one in Hyderabad, Telangana, and one in Gujarat's Ahmedabad, based on certain inputs. The raids are still underway at these locations in close coordination with state police forces. Also Read | India to Reopen Embassy in Kabul, Upgrade Ties With Taliban, EAM S Jaishankar to Afghanistan FM Amir Khan Muttaqi (Watch Video). "The places being raided include the premises of suspects linked to the case," said the officials privy to the development. The search operation is part of the ED's investigation into suspected money laundering and financial irregularities linked to the jewellery firm. Also Read | TVK Vijay Rally Stampede: Supreme Court to Hear Today Plea for Independent Probe Into Karur Stampede. "The agency is examining transactions and records to trace the alleged diversion of bank funds and identify the beneficiaries involved in the scam," the officials added. (ANI) (This is an unedited and auto-generated story from Syndicated News feed, LatestLY Staff may not have modified or edited the content body)
