ED tails Karvey, focused on something big?
The Enforcement Directorate accelerated the whole search in Karvy's office. Karvy had borrowed Rs 350 crore from banks by trading shares from de-mat accounts, according to officials. Karvy's ownership transformed bank loans into personal accounts. Money laundering has been accused against Karvy. Authorities in Telangana, Karnataka, Maharashtra, and tamil Nadu that have filed criminal charges against Karvy have concentrated mainly on his offices in those states.
The fund's objective appears to be to blame Karvy's ownership of cash-strapped consumers. CFO krishna Hari was also detained and interrogated along with Parthasarathy and CEO rajeev Ranjan by CCS. The suspects are being questioned by the Crime police in Bangalore on a minor warrant, according to reports . Officials are searching workplaces of, Parthasarathy's, Rajiv Ranjan's, and Krishna's residences in Hyderabad. In the Karvy case, the aggressive aggravated case conducts comprehensive company searches.
It has been discovered that is being examined at 16 Karvy company offices. Karvy, along with 10 of its affiliates, was also searched in Hyderabad. Searches are being undertaken in Bangalore, Chennai, Mumbai, and Delhi, in addition to the headquarters in Hyderabad. Many lawsuits have already been brought against the firm. Parthasarathy, the chairman of Karvy, has already been interrogated for three days. Confusion is seeking a Rs 3,000 crore investment. Five charges have already been filed against Karvy in the CCS, according to officials. It has been revealed that Parthasarathy's home, as well as the homes of five other people who have already been detained, are being searched.
The fund's objective appears to be to blame Karvy's ownership of cash-strapped consumers. CFO krishna Hari was also detained and interrogated along with Parthasarathy and CEO rajeev Ranjan by CCS. The suspects are being questioned by the Crime police in Bangalore on a minor warrant, according to reports . Officials are searching workplaces of, Parthasarathy's, Rajiv Ranjan's, and Krishna's residences in Hyderabad. In the Karvy case, the aggressive aggravated case conducts comprehensive company searches.
It has been discovered that is being examined at 16 Karvy company offices. Karvy, along with 10 of its affiliates, was also searched in Hyderabad. Searches are being undertaken in Bangalore, Chennai, Mumbai, and Delhi, in addition to the headquarters in Hyderabad. Many lawsuits have already been brought against the firm. Parthasarathy, the chairman of Karvy, has already been interrogated for three days. Confusion is seeking a Rs 3,000 crore investment. Five charges have already been filed against Karvy in the CCS, according to officials. It has been revealed that Parthasarathy's home, as well as the homes of five other people who have already been detained, are being searched.