
ED conducts searches in money laundering case against FIITJEE
NEW DELHI [Maha Media]: The Enforcement Directorate on Thursday raided multiple premises in Delhi-NCR as part of its money laundering investigation against coaching institute FIITJEE, which recently shut its centres abruptly, leaving about 12,000 students in the lurch, officials said.
Eight locations in Delhi and neighbouring Noida and Gurugram linked to the institute, its promoter D K Goel and some others are being searched, the officials said.
The action is being undertaken under the Prevention of Money Laundering Act (PMLA).