The searches were carried out under the provisions of the Prevention of Money Laundering Act (PMLA), 2002, the agency said in a social media post.
| Photo Credit: enforcementdirectorate.gov.in
The Enforcement Directorate (ED) on Wednesday (May 21, 2025) conducted search operations in various cities, including Mumbai, Bengaluru, Jalandhar, Indore and Kolkata, in connection with its probe into alleged money laundering in a firm.
The searches were carried out under the provisions of the Prevention of Money Laundering Act (PMLA), 2002, the agency said in a social media post.
During the search operations, the ED seized foreign currencies, including U.S. Dollars, Singapore Dollars and Dirhams, amounting to around ₹6.43 lakh, gold bullion worth ₹55.74 lakh, and froze bank accounts with a total balance of around ₹94 lakh, it said.
Property documents, several digital devices, and various incriminating documents were also seized, the agency added.
Published – May 21, 2025 11:53 am IST