ED Raids Eight Locations in West Bengal Over Insolvency Misuse
On October 30, 2026, the Enforcement Directorate conducted raids at eight locations in West Bengal as part of a money laundering investigation. The probe involves alleged misuse of insolvency proceedings linked to Kohinoor Power, lender banks, and others. The Amrit group and its directors are accused of collecting money through deposit schemes promising high returns but failing to repay. The action is under the Prevention of Money Laundering Act.
The Hindu··Kolkata


