By Our Correspondent
BHUBANESWAR: Enforcement Directorate, Bhubaneswar has conducted search operations at 09 locations in Odisha, Delhi and Gurugram under the provisions of FEMA, 1999 on 22.11.2024 in connection with an investigation being carried out against M/s Z Estates Private Limited (ZEPL) & others.
ED said, during the search operations, unaccounted cash amounting to Rs. 1.39 Crore and various incriminating documents have been recovered and seized.
ED officials have examined several documents. bank passbooks, statements, investment papers, and foreign exchange records in both paper and digital forms.
Z Estates MD Tapan Mohanty could not be contacted for his comments.
