New Delhi, Mar 6 (UNI) Amid denials by Reliance Power Limited, the Enforcement Directorate (ED) is said to have conducted raids at premises and companies associated with Anil Ambani-run company on Friday, in a fresh Prevention of Money Laundering Act (PMLA) case registered by ED recently.
According to information, the action is currently underway at 10 to 12 locations across Hyderabad and Mumbai. “Fifteen ED teams carried out the raids early this morning. The searches are being conducted against individuals linked to Reliance Power Limited,” an ED official said.
However, Reliance Power has denied reports of raids. In a press statement, the company has denied reports of any raids in offices of the company by the ED.
“This is in reference to various media reports alleging that the Enforcement Directorate has conducted raids at locations linked to Reliance Power Limited. In this regard, the Company would like to clarify that, to the best of its knowledge, no such action has been carried out at any of the offices or premises of the Company,” Reliance said in a statement.
Further investigation into the matter is ongoing.
