FEMA Case: ED conduct raids in Hyd as well as Karimnagar
Hyderabad: Enforcement Directorate sleuths are performing raids at a number of granite business in Hyderabad as well as Karimnagar on Wednesday about supposed monetary abnormalities.
According to the resources, 30 groups are performing searches in Karimnagar as well as Hyderabad because 8 am. It is found out that the searches are addressing Hyderguda as well as Somajiguda in Hyderabad after getting grievances that granite mining is purportedly being performed under the guidance of a politician.
It is claimed that both ED as well as IT authorities are performing raids inHyderabad Sources claimed that the raids are performing after the granite investors went against the FEMA standards.