May 07, 2024 16:11 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Former Congress leader Radhika Khera, actor Shekhar Suman join BJP | PM Modi on Muslim quota: 'Reservations can't be on the basis of religion' | Lok Sabha elections: TMC seeks voter turnout report of phase 1 and 2 from CEC | 93 Lok Sabha seats across 11 states, UTs to vote in phase 3; Amit Shah in fray from Gujarat's Gandhinagar | Kolkata Police demands Mamata Banerjee meme creator's identity, warns of legal action otherwise
ED raids arrested hawala trader Parasmal Lodha's office, residence in Kolkata

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

India Blooms News Service | | 27 Dec 2016, 07:43 pm
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.