Mumbai: ED raids Omkar Group in 'money-laundering' case | Mumbai News
p ED sources stated that Omkar Group misused various permissions given under the SRA schemes, diverted bank funds and defaulted on the payment. br /p MUMBAI: The Enforcement Directorate (ED) on Monday searched 10 premises of Omkar Developers in a suspected money-laundering case arising out of a Slum Rehabilitation Authority (SRA) scheme fraud and diverting Rs 450 crore bank loan for purposes other than declared. ED sources stated that Omkar Group misused various permissions given under the SRA schemes, diverted bank funds and defaulted on the payment. The ED is also investigating various ...
Source: indiatimes.com