ED Seizes Cash & Luxury Cars In Case Against Ex-Kwality Ltd. Promoters

The Enforcement Directorate seized ₹1.3 crore in cash, luxury cars, and evidence related to shell companies after raiding the former promoters of Kwality Ltd. in a ₹1,400 crore money laundering case. The agency also froze demat accounts worth ₹6.5 crore under the Prevention of Money Laundering Act. Raids were conducted at 15 locations in Delhi-NCR.