ED searches SBBEL premises in Rs 605 crore money laundering case

The Enforcement Directorate (ED) carried out searches at various premises of Amar Chand Gupta, Ram Laal Gupta, Raj Kumar Gupta and other family members in connection with its probe into a money laundering case for siphoning off loan amount of Rs 605 crore by Shree Bankey Bihari Exports Limited (SBBEL). An ED official said the agency sleuths carried out searches at several locations on Tuesday.