7 publishers · first seen Fri, 30 Oct 2026 03:46 UTC · updated Fri, 30 Oct 2026 11:04 UTC
The Enforcement Directorate on October 30, 2026 conducted searches at eight premises in West Bengal as part of a money‑laundering probe linked to an alleged Rs 280 crore bank fraud involving Kohinoor Power Pvt Ltd. The raids targeted residential and official locations of directors, auditors and resolution professionals and were carried out under the Prevention of Money Laundering Act.
Investigators said the probe focuses on the suspected utilisation of proceeds of crime and alleged misuse of National Company Law Tribunal proceedings, with raids reported in Kolkata, Uttarpara in Hooghly district, Asansol in West Burdwan district and Howrah.
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