Latest StoriesRegulatory

ED uncovers property records tied to ex-Vasai-Virar chief

MUMBAI: The Enforcement Directorate (ED) has confiscated several documents related to properties associated with Anil Pawar, the former civic chief of the Vasai-Virar City Municipal Corporation (VVMC), during searches conducted at 12 locations linked to him this week. According to ED sources, Pawar allegedly “established multiple entities in the names of family members, relatives, and benamidars to facilitate money laundering of bribed funds.” The sources further revealed, “The creation of these shell entities aligns with his tenure as VVCMC commissioner in 2022, engaging largely in cash-intensive businesses such as construction and redevelopment.” Investigations by the ED uncovered a systematic cartel…