Tuesday, Nov 29, 2022

Coal scam: ED conducts searches on premises of Delhi firm

Officials said the agency searched various premises of the firm in Delhi, Haryana and Chhattisgarh under the provisions of the Prevention of Money Laundering Act (PMLA) as part of its investigations.

The Enforcement Directorate on Thursday conducted searches on the various premises of a Delhi-based firm in connection with its money laundering probe in the coal scam probe case.

Officials said the agency searched various premises of the firm in Delhi, Haryana and Chhattisgarh under the provisions of the Prevention of Money Laundering Act (PMLA) as part of its investigations.

They said the Enforcement Directorate had registered a criminal complaint against the firm in 2014 based on a CBI FIR against it.

However, the CBI had filed a closure report in the case early this year saying they have not found any incriminating evidence against the firm after it booked it for alleged irregularities in allocation of coal blocks in Chhattisgarh.

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They said the agency is looking into the angle of money laundering in the case and is investigating to detect the proceeds of crime.

First published on: 24-11-2016 at 10:00:59 pm
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