Mumbai/New Delhi, Feb 10 (PTI) The Enforcement Directorate on Wednesday conducted searches on premises linked to Pune-based businessman Avinash Bhosale in connection with a money laundering case, official sources said.
The raids were conducted in Pune, Mumbai and Kolhapur in Maharashtra under provisions of the Prevention of Money Laundering Act (PMLA) and the probe pertains to a land deal case, they said.
The central probe agency had questioned Bhosale, promoter of ABIL group that is into real estate and infrastructure development, in November last year in Mumbai as part of an investigation being conducted under the FEMA (Foreign Exchange Management Act).
(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)













Quickly


