ED Seizes Rs 5.7k Crore from Anil Salgaocar Estate in Panama Papers Probe

ED Seizes Rs 5.7k Crore from Anil Salgaocar Estate in Panama Papers Probe

The Enforcement Directorate (ED) has taken control of the complete shareholding of the late industrialist Anil Salgaocar. This action was taken as Anil Salgaocar did not disclose a profit of Rs 5,700 crore earned from companies in the British Virgin Islands (BVI) and Singapore to Indian authorities. The ED’s investigation uncovered that Salgaocar, who owned […]

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