ED raids Manappuram Finance premises in Kerala on money laundering charges
New Delhi/Kochi (PTI): The Enforcement Directorate on Wednesday conducted searches at multiple premises linked to non-banking finance company Manappuram Finance in Kerala as part of a money laundering investigation against it, official sources said.
They said the raids are being undertaken to gather evidences related to allegations of collecting public deposits worth over Rs 150 crore by the company in contravention of Reserve Bank of India (RBI) guidelines.
A total of four premises, including the headquarters of the company in Thrissur and those of its promoters are being searched, they said.
An email sent to the company did not elicit an immediate response.
The agency, according to sources, suspects "large-scale" cash transactions by the company and is looking at gathering documents and recording statements of the company executives in this context.
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BJP takes out torch rally in Ranchi over women's quota bill
Ranchi (PTI): Jharkhand BJP on Tuesday took out a torch rally in Ranchi against the Congress-led opposition alliance for allegedly obstructing the implementation of the women's reservation bill in the Lok Sabha.
Led by the BJP women's wing, the 'Mahila Aakrosh Mashal Yatra' was taken out from Ranchi's Jaipal Singh Stadium to Albert Ekka Chowk.
Jharkhand BJP president Aditya Sahu, who also took part in the procession, said, "By opposing the Women's Reservation Bill, the Congress-led opposition alliance in Lok Sabha has committed an injustice against women in the country. The people will never forgive them."
Union Minister of State for Defence Sanjay Seth said, "Historic decisions are being taken to empower women under the leadership of Prime Minister Narendra Modi, but the opposition is obstructing women's rights due to its narrow politics."
Jharkhand BJP women's wing president Aarti Singh said that the women of Jharkhand have now awakened and are ready to fight to any extent for their honour and rights.
