ED raids 17 locations belonging to Amrut Group: simultaneous action from Indore to Kolkata; searches under Section 17 of PMLA in a money laundering case.

The Enforcement Directorate (ED) took action on Wednesday in the money laundering case related to Amrit Group of Companies. Separate teams of the ED raided a total of 17 locations simultaneously in Indore and Kolkata. This action is being taken under Section 17 of the Prevention of Money Laundering Act (PMLA). According to the ED's investigation, companies associated with Amrit Group raised funds from common people through various attractive deposit schemes.