ED raids Anil Ambani group companies, Yes Bank as part of ‘money laundering’ probe
A money laundering investigation linked to an alleged bank loan fraud of Rs 3000 crore has led the Enforcement Directorate to conduct raids on companies linked to Anil Ambani, according to news agency PTI, quoting official sources.
On Thursday, more than 35 premises in Mumbai and Delhi of 50 companies and about 25 persons are being searched under the Prevention of Money Laundering Act (PMLA), sources told PTI.
