ED seizes cash, luxury cars in case against ex-promoters of Kwality Ltd.

The Enforcement Directorate seized Rs 1.3 crore in cash and evidence related to shell companies after raiding former Kwality Ltd. promoters. This is part of a Rs 1,400 crore bank fraud linked money laundering case. Luxury cars and demat accounts worth Rs 6.5 crore have also been frozen under PMLA provisions.