The Enforcement Directorate on Monday conducted raids at 10 locations across Delhi, Mumbai, and Uttar Pradesh in a Rs 700 crore bank fraud case involving former Samajwadi Party MLA Vinay Shankar Tiwari, who is also the promoter of Gangotri Enterprises
Representational Pic
The Enforcement Directorate (ED) on Monday carried out searches at 10 locations across Uttar Pradesh, Delhi, and Mumbai in connection with a Rs 700 crore bank fraud case involving former MLA and Samajwadi Party leader Vinay Shankar Tiwari.
Tiwari, who is a promoter of Gangotri Enterprises, is under investigation for his alleged role in large-scale financial irregularities. The firm, known for securing government contracts, is reportedly at the center of the suspected fraud.
The ED's action comes as part of its ongoing crackdown on economic offenses.
ED's multiple teams carried out simultaneous searches at premises linked to Tiwari across Delhi, Uttar Pradesh and Mumbai based on a specific input under the Prevention of Money Laundering Act (PMLA).
ADVERTISEMENT
This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever
Subscribe today by clicking the link and stay updated with the latest news!" Click here!
