Business Standard

ED raids 10 location linked to Parekh Aluminex Ltd, attaches land worth Rs 47.39 cr

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ANI General News
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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First Published: Jun 26 2019 | 9:47 PM IST

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