Tricity
Chandigarh Jewellers Accused of Laundering ₹95 Crore in IDFC Fraud, ED Says
The Enforcement Directorate says jewellers in Chandigarh laundered ₹95 crore in the IDFC fraud case, seizing ₹4 crore cash and freezing ₹22 crore in bank balances across 14 premises.
The Enforcement Directorate said jewellers in Chandigarh laundered ₹95 crore in the IDFC fraud case, with ₹4 crore in cash seized and bank balances worth ₹22 crore belonging to the jewellers and associated entities frozen during recent searches.
The searches were carried out at 14 premises across Chandigarh, Mohali and Panchkula, where incriminating documents and digital evidence were also recovered.
The case pertains to alleged misuse of funds from the IDFC fraud.
Source: source