ED Raids Essel Group in Alleged Money Laundering Case:A Deep Dive into the Investigation

In a significant crackdown on financial malpractices, the Enforcement Directorate (ED) recently raided several locations of the diversified Indian conglomerate Essel Group. The raids occurred in January 2024 as part of an ongoing investigation into a major money laundering case where Religare Finvest Limited (RFL), a non-banking financial company (NBFC), is accused of channelling funds…

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