The Enforcement Directorate (ED) is conducting searches at the premises of the Anil Agarwal-led Vedanta Group in connection with a Foreign Exchange Management Act (FEMA) case. The searches have been ongoing since Monday, and more details on the raid are awaited, according to the news agency PTI.
Vedanta purchased the now-banned electoral bonds worth over ₹400 crore, of which the BJP received roughly ₹230 crore. It donated approximately ₹125 crore to the Congress, over ₹40 crore to the Naveen Patnaik-led Biju Janata Dal, over ₹5 crore to the Jharkhand Mukti Morcha and around ₹20 lakh to the Trinamool Congress.
(This is a breaking news story. More details to be added soon)
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