ED launches massive drive against shell companies
The ED has targeted 300 shell companies.
According to media reports, raids are conduicted in multiple location whicch include cities like Delhi, Chennai, Chandigarh, Patna and Ranchi.
As per the CNN-News 18 report, the action is part of the mandate given to the ED under a Special Task Force (STF) that was recently created by the government on the directions of the Prime Minister’s Office (PMO).
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