ED Raids in Mumbai Uncover ₹59 Crore Assets in Probe Into Alleged Fraud at Lodha Developers
The Enforcement Directorate has seized assets worth ₹59 crore in raids across Mumbai as part of its money laundering probe against Rajendra Narpatmal Lodha. Investigators allege unauthorised property sales, fabricated MoUs and fund siphoning that caused major losses to Lodha Developers Ltd.