Advertisement

Home / West-bengal / ED raids Calcutta-based construction firm, promoters in money laundering case

ED raids Calcutta-based construction firm, promoters in money laundering case

Searches were conducted at premises of Abhijata Constructions Company Pvt Ltd and its directors Abhijit Sen and Sujata Sen
Enforcement Directorate on Friday raids Calcutta-based construction company
Enforcement Directorate on Friday raids Calcutta-based construction company
File picture

Our Bureau, PTI   |   New Delhi   |   Published 13.05.22, 12:56 PM

The ED on Friday said it has raided a Calcutta-based construction company and its promoters as part of a money laundering probe against them linked to a case of alleged duping of numerous home buyers.

The searches were conducted at the premises of Abhijata Constructions Company Pvt Ltd and its directors Abhijit Sen and Sujata Sen.

Advertisement

The money laundering case against the company and its promoters stems from several Calcutta Police FIRs where numerous home buyers alleged "non delivery of homes by the company in spite of getting full payments from the buyers," the ED said in a statement.

The said company and its directors allegedly "diverted" these funds for some other purpose or for their personal gains, it alleged.

"During the course of search operations, incriminating documents including several electronic devices were seized and investigation is in progress," it said.



Advertisement
Advertisement
Advertisement
 
 
 
Copyright © 2020 The Telegraph. All rights reserved.