India News | ED Conducts Searches in Chennai as Part of Money Laundering Probe
Get latest articles and stories on India at LatestLY. The ED on Saturday conducted searches against some politically linked people in Chennai as part of a money laundering probe into an alleged land grab case and generation of kickbacks in bureaucratic appointments, official sources said.
Chennai, Mar 2 (PTI) The ED on Saturday conducted searches against some politically linked people in Chennai as part of a money laundering probe into an alleged land grab case and generation of kickbacks in bureaucratic appointments, official sources said.
The raids were launched late evening and about eight to nine premises in Chennai were being covered under the provisions of the Prevention of Money Laundering Act (PMLA), the Enforcement Directorate sources said.
The entities being searched are linked to an alleged land grab case in the Nungambakkam area of the city apart from indulging in generating kickbacks through appointments and postings of bureaucrats, they said.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)