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ED raids in Bank Loan Fraud against Anil Ambani Group Companies


ED raids in Bank Loan Fraud against Anil Ambani Group Companies

Mumbai, Jul 24: The Enforcement Directorate on Thursday conducted simultaneous raids as part of a money laundering investigation linked to an alleged bank loan fraud of Rs 3,000 crore against Anil Ambani group companies and more than 35 premises in Mumbai and Delhi of 50 companies and about 25 persons are being searched under the Prevention of Money Laundering Act (PMLA) , said reports.

 

 


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