Kannur Urban Nidhi case: ED freezes ₹9.75 lakh in eight accounts
The Directorate of Enforcement (ED) conducted searches at multiple locations in Kannur, Palakkad, and Kottayam as part of an investigation into money laundering related to the Kannur Urban Nidhi (KUN) fraud case. The investigation focuses on KUN, its directors, and promoters who allegedly diverted funds from the company to a new entity, resulting in significant…