fund

ED files money laundering case against Franklin Templeton


Almost an year after Franklin Templeton unexpectedly closed six debt schemes in India, the Enforcement Directorate (ED) has registered a case of money laundering against the company and its senior officials, sources said on Wednesday.

A senior ED official related to the probe told IANS, “We have registered a case of money laundering against Franklin Templeton and its senior officials.”

The official said that the agency registered the case on the basis of an FIR lodged by the Economic Offences Wing of Chennai Police.

The official, however, refused to share further details.





READ SOURCE

Read More   Prolonged Shutdown Risks Tarnishing Appeal of Dollar, Treasuries

Leave a Reply

This website uses cookies. By continuing to use this site, you accept our use of cookies.