The ED said on Thursday it had raided six premises linked to the promoter of a Kolkata-based TV news channel and its firm in a money laundering case linked to an alleged fraud by a consortium of lenders led by Bank of Canara. This facility is associated with his R.P. Infosystems Ltd. His Kaustuv Ray, owner of Kolkata TV, said in a statement: “Several incriminating documents and electronic devices were seized during the search,” he said.
The agency said a money laundering case was filed against the defendants after investigating two CBI FIRs. “Kaustuv Ray defrauded and defrauded a banking consortium led by Canara Bank. The CBI has already filed two charges against Kaustuv Ray and others,” the law enforcement agency said. The ED attached property worth Rs.22.67 crore and filed an indictment (indictment of the public prosecutor) against Kaustuv Ray and others, and the Special Court of the Anti-Money Laundering Law (PMLA) declared that “money. We noted that laundering crimes were committed,” it said.