The Enforcement Directorate has launched one of its biggest crackdowns on shell companies across the country. According to the reports, the Enforcement Directorate raided in 16 states, uncovered over 300 shell companies. Another 1000 bogus companies are under the scanner of the Enforcement Directorate. The shell companies are under the scanner for laundering money and for helping politicians convert black money into white. Though the demonetization drive was launched to put a check on the black money but the government failed to expose the shell companies which affected the national income. Watch the video.
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