Vatika Promoters Held in 4-Day Custody as ED Investigates Financial Trail

The Enforcement Directorate has obtained a 4-day custodial remand of Vatika promoters as part of its probe into alleged financial irregularities. The ED stated it is duty-bound to trace the movement of money and establish the motive behind the transactions under investigation.

The custodial period will allow investigators to examine financial records and conduct questioning to uncover the full scope of the alleged transactions. The development marks an escalation in the ED's enforcement action against the real estate group.