NEW DELHI: Enforcement Directorate on Tuesday searched six premises in connection with a case of money laundering against Anil Ambani and R-ADAG entities. Sources said the searches were a part of the investigation into overseas remittances by Reliance Infrastructure, allegedly in violation of certain regulations of Foreign Exchange Management Act (Fema). In a statement, Reliance Infrastructure said Tuesday’s searches were related to matters dating back to 2010, when the company had awarded an EPC contract for construction of JR toll road (Jaipur-Ringas highway) to Prakash Asphaltings & Toll Highways. “This was a domestic contract with no foreign exchange involved. The work was completed, and the company has no continuing connection or relationship with the said contractor. The tol
ED searches 6 sites linked to Fema case on Reliance Infrastructure

44