Chandigarh, March 14 -- The enforcement directorate (ED) on Friday said that it has frozen over 90 bank accounts after conducting search operations at 19 locations across Chandigarh, Mohali, Panchkula, Gurugram and Bangalore in connection with the alleged Rs.590-crore IDFC First Bank scam involving embezzlement of public funds pertaining to Haryana government, Chandigarh municipal corporation (MC) and other government accounts.
The ED is investigating proceeds of crime as per the Prevention of Money Laundering Act (PMLA). The federal investigation agency said that incriminating material in the form of digital as well as documentary evidence have been seized.
The ED is conducting investigation after registering an enforcement case inform...
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