April 4, 2017 11:39 AM

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ED arrests G D Reddy, K Liakath Ali in separate cases against shell firms

The Enforcement Directorate has arrested G D Reddy and K Liakath Ali in separate cases during follow up action against shell companies. The Enforcement Directorate on Saturday had launched one of its biggest crackdowns on shell companies across the country. The department carried out searches across 100 locations across 16 states in India. So far, the agency has managed to uncover more than 2300 shell companies.

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