ED searches Hero Motocorp Chairman Pawan Munjal’s residence

New Delhi: In trouble for Hero Motocorp Executive Chairman Pawan Munjal, the Enforcement Directorate (ED) Tuesday carried out searches at his residence and several other locations.

According to ED sources, the agency sleuths carried out the searches at premises of Munjal and 10 others.

Also Read

Iran sought permission for docking of 3 ships in Indian ports; approval granted: EAM Jaishankar

14 hours ago

No immediate hike in petrol, diesel prices despite crude crossing $100/barrel: Govt sources

14 hours ago

The source said that the financial probe agency’s action was based on the complaint by the Directorate of Revenue Intelligence (DRI) case against Munjal.

The DRI team had found foreign currency from Munjal’s premises, the source claimed.

However, the officials of the ED remained tight-lipped on the case and searches against Hero Moto Corp chairman.

Further details were awaited.

IANS