ED probes money trail, foreign links in Bengaluru medicine racket
Bengaluru, Nov. 5 -- The fake medicine racket uncovered on the outskirts of Bengaluru has come under wider scrutiny, with the Enforcement Directorate (ED) investigating the suspected foreign connections and financial transactions of its prime accused.
The agency is probing the overseas links of R Prashanth, alias Prashanth Rajan Babu, in Turkey, Azerbaijan and the United Arab Emirates. His alleged connections in Sharjah and activities during his stay in Azerbaijan are also being examined.
The investigation follows the racket's exposure at Tavarekere on August 18. While the Karnataka Special Investigation Team (SIT) is conducting a separate investigation, the ED has initiated proceedings under the Prevention of Money Laundering Act.
The...
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