India, Nov. 11 -- The Enforcement Directorate (ED) has filed a prosecution complaint under the Prevention of Money Laundering Act (PMLA), 2002, against M/s Raheja Developers Limited, its Managing Director Naveen M Raheja, several family members, and 16 other individuals and entities before the Special PMLA Court at Saket, New Delhi.

The complaint, filed under Sections 44 and 45 of the PMLA, relates to the offence of money laundering punishable under Sections 3 and 4 of the Act and arises from a criminal conspiracy under Section 120B of the Indian Penal Code. It stems from an FIR registered by the Delhi Police under IPC Sections 406, 409, 420, 467, 468, 471 and 120-B.

The ED found that Raheja Developers and its directors collected about ...