India, July 9 -- Directorate of Enforcement (ED) has conducted fresh searches at the premises of E-Complex Private Limited and the residence of one of its directors linked to the Reliance Anil Ambani Group (RAAG) in its ongoing money laundering probe against the alleged siphoning of public money from Reliance Home Finance Limited and Reliance Commercial Finance Limited. The searches were conducted on July 7 under the Prevention of Money Laundering Act (PMLA), 2002, during which the ED recovered several incriminating documents, along with certain records pertaining to immovable property and other evidence of transactions and assets of benefit or belonging to RAAG.
Published by HT Digital Content Services with permission from Millennium Post.