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Probe Agency Conducts Raids In Andhra Pradesh Over Rs 200 Crore Land Fraud Case

Probe Agency Conducts Raids In Andhra Pradesh Over Rs 200 Crore Land Fraud Case

NDTV
Monday, October 21, 2024 05:07:59 PM UTC

According to an ED release, the raids were conducted in connection with an investigation regarding the fraudulent alienation of land measuring 12.51 acres (having a market value of more than Rs 200 crore).

Directorate of Enforcement (ED), Visakhapatnam Sub-zonal Office conducted search operations at five locations in Andhra Pradesh's Visakhapatnam on October 19 in a case under the provisions of the Prevention of Money Laundering Act (PMLA), 2002.

According to an ED release, the raids were conducted in connection with an investigation regarding the fraudulent alienation of land measuring 12.51 acres (having a market value of more than Rs 200 crore) allotted by the Andhra Pradesh government for housing for old-age people and orphans.

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