New Delhi, March 6 -- Amid denials by Reliance Power Limited, the Enforcement Directorate (ED) is said to have conducted raids at premises and companies associated with Anil Ambani-run company on Friday, in a fresh Prevention of Money Laundering Act (PMLA) case registered by ED recently.
According to information, the action is currently underway at 10 to 12 locations across Hyderabad and Mumbai. "Fifteen ED teams carried out the raids early this morning. The searches are being conducted against individuals linked to Reliance Power Limited," an ED official said.
However, Reliance Power has denied reports of raids. In a press statement, the company has denied reports of any raids in offices of the company by the ED.
Published by HT Digital...