ED raids Avinash Bhosale's office in Pune

The Enforcement Directorate (ED) has once again raided the office of businessman Avinash Bhosale. The Pune-based builder and hotelier was earlier questioned by the ED in Mumbai in November in a case pertaining to alleged violations under the Foreign Exchange Management Act (FEMA).

The ED team reached Bhosale's office on ABILA University Road in Pune at 8.30 am today. The ED is investigating where Rs 500 crore came from in an account opened in a foreign bank without the prior permission of the IB. He had been questioned twice before in the case and was raided.