Demonetisation: ED raids apartment,bank in Kolkata
According to reports, ED raided at least six locations in the city earlier on Tuesday and came to know about a businessman Sanjay Jain, who is allegedly a hawala operator.
Based on source inputs, Sanjay Jain's flat in Kolkata's Sealdah area was raided and several documents and cash were seized from the location.
Meanwhile, during a raid at Axis Bank's Burra Bazar branch on Tuesday, ED officials recovered several documents, linked with Canara Bank, and carried out raid at Canara Bank's circle office in Kolkata on Wednesday.
Till the last update came in, raids are underway at both locations.
Few days earlier, two managers of Axis Bank's branch in Delhi and a senior manager (branch head) of Central Bank of India's Basavanagudi branch in Bangalore were booked with charges of money laundering by ED and CBI respectively.
(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.
