Pune News : ED conducts raids in Pune

Pune : Amid the Enforcement Directorate raids on property deals and real estate businessmen in Sambhaji Nagar on Friday a team of ED officers conducted raids in Yerwada and Mohamadwadi area of Pune city.

Sources confirmed that a team of 15 ED officials landed in Pune from Sambhaji nagar and conducted raids on offices of Siddharth Properties, Navnirman Constructions. 

It was said that, under Pantpradhan Awas Yojana , under which 40,000 houses were built and construction companies like  Sidharth Properties, Navnirman Constructions, Samarth Multi Vise India Pune applied for the tender. It was alleged that there was fraud in the tendering process and allegedly gave preferences to some contractors in work of Rs 4000 crore.

Related to the same, a team of ED officials conducted raids in Sambhaji nagar and on Friday morning a team of ED officials landed in Pune to collect some documentary evidence from the respective contractors. However ED officials did not share any more details related to their search operations.

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