Paul Merchants' office and residences searched by ED
New Delhi, September 16, 2021:
The Enforcement Directorate (ED) has conducted search operation at the office and residential premises of M/s. Paul Merchants Ltd. and others at Chandigarh, Panchkula, Mohali, Jalandhar and Delhi under FEMA, 1999.
As per the ED, during the search, currency worth Rs 3.88 Crore and bullion worth Rs 24.2 Lakh have been seized.