ED Raids 6 Places In Srinagar In Cash Laundering Case

Srinagar: The Enforcement Directorate on Thursday raided 6 places in Srinagar in reference to a cash laundering case.

Sources stated that the raids have been conducting in a case associated to financial institution fraud of greater than Rs 250 Crore within the identify of pretend River Jhelum Cooperative Home Constructing Society.

They stated that 6 premises have been raided immediately together with the premises of the then chairperson J&Okay Financial institution and Trustees of the Society in Srinagar.

“ACB has already filed chargesheet towards Mohd Shafi Dar, Hilal A Mir (Chairman of the Society) and others for fee of offences beneath Sections of IPC and Corruption Act,” they stated—(KNO)