ED raids 10 location linked to Parekh Aluminex Ltd, attaches land worth Rs 47.39 cr
The Enforcement Directorate (ED) on Wednesday conducted searches at 10 locations linked to M/s Parekh Aluminex Ltd and its promoters in Mumbai under Prevention of Money Laundering Act (PMLA).
The agency has also attached a land on the outskirts of Hyderabad worth Rs 47.39 crore in a bank fraud case.
"ED conducted searches at 10 locations of M/s Parekh Aluminex Ltd and its promoters in Mumbai under PMLA and also attached a land at outskirts of Hyderabad worth Rs 47.39 Crores in a bank fraud case," a tweet on ED's official Twitter handle read.
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