Central agency raids multiple locations in J-K over ₹250 crore ‘money laundering’ scandal
Nov 30, 2023
SRINAGAR — Central investigation agency Enforcement Directorate (ED) has raided at least six locations in Jammu and Kashmir in connection with a ‘money laundering case’.
An official said that the investigation agency has been conducting searches in both Jammu and Kashmir parts in a case related to fraud in Jammu & Kashmir Bank.
The fraud, the official said, amounts to ₹250 crore and involves a fictitious society.