The agency has now launched a probe to trace the money trail. The Income-Tax department has also conducted searches in this regard.It may be recalled that ED arrested Babulal Varma and Kamal Kishore Gupta, promoters of Omkar Group, under the provisions of PMLA.
The anti-money laundering agency has initiated investigation on the basis of First Information Report registered by Aurangabad police, Maharashtra under sections 34, 406 and 420 of Indian Penal Code against promoters of Omkar Group.(UNI)