ED Raids Kolkata’s Merlin Group in PMLA Case
KOLKATA: The Enforcement Directorate (ED) initiated fresh searches on Friday as part of its ongoing money laundering investigation into Merlin Group, a Kolkata-based real estate company, and related entities, according to officials. This recent action follows previous raids conducted by the agency on April 8 targeting Merlin Projects Limited and its promoters, Sushil Mohta and Saket Mohta. Officials indicated that 4-5 locations in Kolkata and the North 24 Parganas district are being searched under the Prevention of Money Laundering Act (PMLA) as part of the investigation. The Merlin Group has stated that it is cooperating with the ED and maintains…