Rs 25 Crore Worth Of Cash, Jewellery Seized In Raids On Hero MotoCorp's Pawan Munjal
NDTV
The federal agency raided the residence and offices of the 69-year-old billionaire businessman.
Foreign and Indian currencies and gold and diamond jewellery worth about Rs 25 crore apart from "incriminating" documents were seized after raids on Hero MotoCorp executive chairperson Pawan Kant Munjal and some others, the Enforcement Directorate said on Wednesday.
The federal agency raided the residence and offices of the 69-year-old billionaire businessman, the promoter of India's largest two-wheeler automobiles manufacturer, in Delhi and neighbouring Gurugram apart from that of some other entities on Tuesday as part of a money laundering investigation against them.
It did not elaborate on the exact amount of seizure made from each of those raids.
