Get latest articles and stories on India at LatestLY. The Enforcement Directorate on Thursday said it raided companies of the Essel Group in Mumbai and recovered "incriminating" documents as part of its ongoing money investigation linked to alleged diversion of funds worth over Rs 2,000 crore from Religare Finvest Limited (RFL). India News | ED Searches Essel Group Companies in RFL Money Laundering Case.
ED searches Essel Group companies in RFL money laundering case devdiscourse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from devdiscourse.com Daily Mail and Mail on Sunday newspapers.
ED searches Essel Group companies in RFL money laundering case deccanherald.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from deccanherald.com Daily Mail and Mail on Sunday newspapers.
The Religare Finvest Ltd (RFL) money laundering probe by the Directorate of Enforcement (ED) has found that funds were was diverted to British tax haven Jersey, according to people in the know.
ED s money laundering probe on Religare Finvest Ltd reveals diversion of funds to British tax haven Jersey. Response to letter rogatory (LR) by Jersey authorities being examined. ₹2,036.69 crore allegedly embezzled from RFL. Former Fortis promoters Malvinder and Shivinder Mohan Singh charged with fund diversion. Singh brothers also allegedly diverted money to M3M India Holdings. Fresh evidence leads to ED raids at multiple locations. Complaint by Religare triggers investigation. Chargesheet filed in January 2020 reveals siphoning off public funds. Battle for control between Religare Enterprises Ltd and Burmans of Dabur Group.