ED Freezes Fresh Deposits Worth Rs. 78 Crore After Raids at Premises of Razorpay, Chinese Loan Apps

ED Freezes Fresh Deposits Worth Rs. 78 Crore After Raids at Premises of Razorpay, Chinese Loan Apps

The ED on Friday said it has frozen fresh deposits worth Rs. 78 crore following raids at the premises of payment gateway Razorpay and some banks as part of an ongoing money laundering probe against the alleged illegal operations of loan apps “controlled” by Chinese nationals. The searches were carried…