Senior officials of the Enforcement Directorate (ED) on Wednesday evening conducted a raid at the head office of the Allahabad Bank on Park Street to examine various documents.
It was learnt that the ED officials examined various transactions done in last one month. The officials interrogated the bank manager and other senior officials in this connection.
It was learnt that the ED had found some irregularities in some transactions of the bank. The senior ED officials also examined some documents related to some transactions. They have also gone through some of the computers of the bank.
In another development, the ED officials during the course of investigation came to know that the pass books that were recovered from the residence of Kolkata-based businessman Paras Mal Lodha here in the city were in the name of his daughter Pallabi Lodha.
The investigating officials also came to know about an account in the Swiss bank. The ED officials recovered some mutual funds from his residence which they are examining. Following the arrest of Paras Mal Lodha by ED last week, the senior officials are now conducting a raid at his office in New Alipore.
The Kolkata-based businessman was arrested on Thursday from an airport while he was trying to flee to Malaysia, for allegedly illegally converting demonetised notes worth Rs 25-crore into new currency notes. A group of ED officials on Tuesday reached Peerless Consultancy Services Pvt Ltd and conducted a raid in this connection. It was learnt that Lodha, director of seven firms has stakes in mining, finance, consultancy and restaurant firms.
Lodha was arrested for his alleged involvement in exchanging old notes for new ones and going against RBI guidelines. The ED officials are investigating his connection with some other businessman in this connection.