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PMC bank case: ED registers case agaist HDIL officials

Investigative agency Enforcement Directorate (ED) on Friday conducted searches at six locations in Mumbai in connection with the Punjab and Maharashtra Co-operative Bank fraud.

The agency also registered an Enforcement Case Information Report (ECIR) against erring bank officials on the basis of FIR filed by the Mumbai Police.

Searches are being conducted by the ED a day after Mumbai Police's Economic Offences Wing (EOW), which is investigating the nexus between PMC Bank and defunct realty major Housing Development and Infrastructure Limited (HDIL), had arrested the CEO and managing director of HDIL on Thursday.

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