Enforcement Directorate freezes funds of organizations operating Chinese online wagering applications

Enforcement Directorate freezes funds of organizations operating Chinese online wagering applications

The agency carried out queries in the premises of those businesses, their directors plus some chartered accountants in Delhi, Gurugram, Mumbai and Pune.

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The agency carried out queries in the premises among these businesses, their directors plus some chartered accountants in Delhi, Gurugram, Mumbai and Pune.

The Enforcement Directorate has frozen ?46.96 crore of funds in bank records associated with organizations tangled up in operating Chinese online wagering applications. A lot more than 90 sites, by which the applications had been being operated, have now been identified.

On Friday, the agency carried out queries from the premises among these businesses, their directors plus some chartered accountants in Delhi, Gurugram, Mumbai and Pune. The queries triggered the seizure of 17 discs that are hard five laptop computers and phones.

ED freezes Rs 46.96 Crore held in 4 HSBC Bank Accounts & seizes 17 data, 5 laptop computers, mobiles, papers during queries at 15 areas in Delhi, Gurgaon, Mumbai & Pune under PMLA in the event of unlawful on line Betting APPs from web sites hosted from outside Asia. Continue reading “Enforcement Directorate freezes funds of organizations operating Chinese online wagering applications”