Shimla, Dec. 13 -- The Enforcement Directorate (ED) on Saturday conducted simultaneous searches at Sundernagar in Mandi district and Nagrota Bagwan in Kangra district of Himachal Pradesh in connection with an alleged cryptocurrency racket and related financial irregularities.
According to local media reports, individuals linked to cryptocurrency operations and certain pharmaceutical companies are under the radar of the central agency.
The searches are part of a broader probe into suspected money laundering and illegal fund transfers, with the case being examined under the provisions of the Prevention of Money Laundering Act (PMLA).
Sources said the action follows an earlier First Information Report (FIR) registered by the Central Bureau ...