ED searches 9 places in 1st raid in Andaman
New Delhi, Aug. 1 -- The Enforcement Directorate (ED) on Thursday carried out raids at several locations in Andaman and Nicobar Islands as part of a money laundering probe linked to an alleged cooperative bank loan fraud involving a former Congress lawmaker, officials said, adding that it was the agency's maiden search operation in the Union Territory.
As many as nine locations in and around Port Blair and two in Kolkata were searched by the federal agency under the Prevention of Money Laundering Act (PMLA), officials said.
ED's probe pertains to the Andaman Nicobar State Cooperative Bank (ANSCB) and its former vice chairman Kuldeep Rai Sharma. Sharma, a 57-year-old Congress leader, is a former MP of the UT (2019-24). Officials said the PMLA probe stems from a May 15 first information report (FIR) filed by the local police....
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