RFL case: ED raids office of Religare chairperson Rashmi Saluja, 9 other places

The searches, officials said, continued till early morning on Saturday during which several incriminating documents were recovered and large-scale “proceeds of crime” have been identified.

Religare, however, said that the raids were a result of a complaint made by the company. The company told the stock exchange that the ED officials, based on a complaint made by the present management of Religare Finvest Limited and pursuant to the ongoing investigation with respect to the corporate loan book, collected relevant information/ documents on January 5, 2024, to expedite the investigation as per request made by RFL recently.

The information and documents, as advised, were provided/ submitted to the officials of the authority, the company said.