Rs 1.39 Cr Unaccounted Cash Seized During ED Raids On Real Estate Firm in Bhubaneswar
Bhubaneswar: The officials of the Enforcement Directorate (ED) have seized unaccounted cash worth Rs.1.39 crore during raids on the properties of a Bhubaneswar-based real estate firm and other locations linked to it.
In a post on X, the ED informed, “ED, Bhubaneswar has conducted search operations at 9 locations in Odisha, Delhi and Gurugram under the provisions of FEMA, 1999 in connection with an investigation being carried out against Z Estates Private Limited (ZEPL) and others. During the search operations, unaccounted cash amounting to Rs 1.39 crore and various incriminating documents have been recovered and seized”.
