New Delhi, June 17 -- The Enforcement Directorate (ED) on Wednesday said that they have secured a confiscation order in connection with an ongoing money laundering investigation involving Zatak Softech Pvt. Ltd. and others under the Prevention of Money Laundering Act (PMLA).
According to the ED, the probe was initiated on the basis of a scheduled offence under the NDPS Act, related to illicit trafficking of psychotropic substances.
The agency stated that accused Amit Kumar and Archana Sharma allegedly generated substantial proceeds of crime through illegal drug trafficking, which were subsequently layered and concealed through multiple properties and entities, including M/s Farma Glow.
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