Enforcement Directorate freezes Rs 16.43 crore in "Dani Data" app under Prevention of Money Laundering Act.
The Enforcement Directorate (ED) has frozen Rs 16.43 crore in a web-based mobile app called "Dani Data" and others following search operations at six payment aggregators' premises in Bengaluru and Pune. The actions were carried out under the Prevention of Money Laundering Act, 2002, based on an FIR registered by the Cyber Crime police station in Palanpur, Gujarat's Banaskantha district, against the controllers of the "Dani Data" app. The probe focuses on merchant IDs used for collecting payments through the app from the public.
March 22, 2024
5 Articles