SENSEX
NIFTY
GOLD
USD/INR

Weather

image 40    C

Company News

The Economic Times

Company / The Economic Times

details

ED searches at 17 locations in corporate insolvency process case

The Enforcement Directorate has launched a money laundering probe, conducting searches across 17 locations in Maharashtra and Delhi. The investigation targets alleged irregularities in a corporate insolvency resolution process, focusing on a fraudulent loan grant by YES Bank and potential collusion among asset reconstruction companies. Evidence of circular transactions and under-valuation of assets is being sought.

16 Jun 2026 3:41 pm