The Enforcement Directorate on Saturday conducted searches at about a dozen premises of DHFL and other linked firms in connection with its money laundering probe against Iqbal Mirchi, the aide of global terrorist Dawood Ibrahim, officials said. They said the raids are being conducted in and around Mumbai under provision of the Prevention of Money Laundering Act (PMLA). DHFL allegedly had business links with Sunblink Real Estate, the firm at the heart of investigations into the financial dealings of Mirchi. The DHFL had given loans of Rs 2,186 crore to the real estate firm.
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