July 16, 2026 06:55 am (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
'He could die in two days': Delhi HC plea seeks force-feeding of Sonam Wangchuk as fast enters Day 18 | 'Tonight's defeat is hard to take': Emmanuel Macron reacts after France crash out of World Cup, congratulates Spain | Spain cruise past France to storm into FIFA World Cup 2026 final with clinical 2-0 victory | Taslima Nasrin announces Kolkata return after 20 years to attend literary event at Rabindra Sadan | 'We must not watch one of our greatest minds be sacrificed': Zeenat Aman backs Sonam Wangchuk, urges govt to open dialogue | 'I don't want Phunsukh Wangdu to die': '3 Idiots' star Omi Vaidya's emotional appeal for Sonam Wangchuk | Middle East Crisis: Iran strikes UAE tankers in Strait of Hormuz, Indian crew member killed | Picnic turns into horror: Woman allegedly harassed, family chased for 15 km in Nashik | 'Mannat is a private property': Supreme Court clears renovation of Shah Rukh Khan's Bandra residence | Bengal CM Suvendu Adhikari backs move to stop entry to Bankra Mosque inside Kolkata airport operational area

ED raids arrested hawala trader Parasmal Lodha's office, residence in Kolkata

| | Dec 28, 2016, at 01:13 am
Kolkata, Dec 27 (IBNS): Days after 60-year-old hawala trader Parasmal Lodha was booked for illegally converting demonetised notes worth Rs. 25 crore into new currency notes, investigators of the Enforcement Directorate (ED) on Tuesday carried out hour-long raids at the residence and office of the senior businessman in Kolkata, officials said.

According to reports, a team of ED searched the office of Lodha's firm- Peerless Consultancy Services Pvt Ltd- at Behala's S.N. Roy Road area in Kolkata and interrogated its staffers there.

Meanwhile, ED's raid at Parasmal Lodha's residence in Kolkata's posh Ballygunge Queens Park Road area, which has started since Tuesday morning, is still underway.

ED officials said that several documents, relating to the currency conversion, were seized during the raids at two premises.

Earlier on Thursday, Parasmal Lodha was arrested by the ED from Mumbai airport, while he was trying to flee to Malaysia, according to reports.

(Reporting by Deepayan Sinha)

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.