The Enforcement Directorate conducted raids in Chennai and Hyderabad in connection with an alleged Rs 200-crore Canara Bank fraud and benami assets case linked to Sasikala aide GRK Reddy of the Marg group. Sasikala has not been named in the CBI FIR
The Enforcement Directorate raided over 35 locations linked to Anil Ambani’s Reliance Group in a ₹3,000 crore Yes Bank loan fraud case. The probe revealed large-scale bribery, loan diversion, and shell companies used to siphon funds under the PMLA.
The crackdown stems from a complaint filed by the Securities and Exchange Board of India (SEBI) before the Special Court for SEBI cases in Greater Mumbai.
Kapu community leaders in Khammam condemned the IT and ED raids on the residences and offices of MP Vaddiraju Ravichandra and Civil Supplies Minister Gangula Kamalakar.
Hyderabad: Officials of Enforcement Directorate (ED) reportedly carried out raids at 10 granite companies in Karimnagar district on Tuesday for allegedly committing financial irregularities. The ED has initiated action after Telangana BJP State president and Karimnagar MP Bandi Sanjay Kumar complained to the Ministry of Home Affairs, Ministry of Finance and Ministry of Mines and […]