ED Conducts Searches at Mantri Developers in Money Laundering Investigation

The Enforcement Directorate (ED) conducted searches on Monday at the office and residential premises of Mantri Developers and its directors in Bengaluru as part of an ongoing money laundering investigation under the Prevention of Money Laundering Act. Officials examined financial records and documents to probe allegations of diverted customer funds invested overseas. Earlier actions include property attachments worth Rs 300 crore and freezing of 90 bank accounts linked to the case.