The Enforcement Directorate has attached assets worth Rs.305 crore belonging to the country’s leading jewelery company Joy Alukkas. It appears that large amounts of funds were diverted to Dubai through hawala route.
Joy Alukkas, the country’s leading jewelery company, was shocked by the Enforcement Directorate. The ED has ordered the attachment of assets worth Rs.305 crore. The investigation revealed that the funds were transferred against the rules. It appears that large amounts of funds were diverted to Dubai through hawala route. More details about this need to be known.
