New Delhi, Oct. 9 -- The Enforcement Directorate (ED), Kochi Zonal Office, today stated that it recently conducted searches at seventeen locations across Kerala and Tamil Nadu in a case involving the illegal import of high-end foreign-origin vehicles and related unauthorised foreign exchange dealings.
According to the ED, preliminary information identified a Coimbatore-based network led by Sathik Basha and Imran Khan, partners of Shine Motors.
The duo allegedly procured used vehicles from Bhutan using forged No-Objection Certificates and routed payments through unauthorised channels.
Searches were carried out simultaneously at 17 locations, including residences, workshops, and business establishments in Ernakulam, Thrissur, Kozhikode, Ma...