Mumbai: The Enforcement Directorate raided six locations in Mumbai on Friday following the filing of an Enforcement Case Investigation Report (ECIR) to probe bank erring officials on money laundering charges linked to the Punjab and Maharashtra Cooperative (PMC) bank case. The case was registered on the basis of an FIR filed by the Economic Offence Wing (EoW) of Mumbai Police under the Prevention of Money Laundering Act (PMLA), ED officials said. This comes one day after the EoW arrested Housing Development Infrastructure Limited (HDIL) directors Sarang Wadhawan and Rakesh Wadhwan, accused in connection with the case of PMC Bank of default loan.
ED raids six locations in
