Enforcement Directorate searches are going on at 100 places in 16 states as part of crackdown on shell firms as per the directions of PM Modi. PM Modi ordered that after 31st March there should be no black money and shell companies in the country following which ED started it's searching. In their searches ED noticed surprising information that in Mumbai 70 companies are registered with the same address. Most of them are identified as Maharashtra former CM Jagan Bhujbal's shell companies. ED attached the properties worth Rs 600 crores of a person in Noida.
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