IL&FS crisis: ED raids multiple locations; files PMLA case
Updated : February 20, 2019 08:12 PM IST
They said the action by the central probe agency came after it registered a criminal complaint Tuesday under the Prevention of Money Laundering Act (PMLA) in the alleged payment default case.
Searches were being conducted at the "residential premises of key officials" linked to the erstwhile management of Infrastructure Leasing and Financial Services (ILFS), including its former chairman Ravi Parthasarathy and few others, they said.
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