Latest Cash Management Services News & Updates

Mumbai, May 27 (IANS) The Directorate of Enforcement’s (ED) Mumbai Zonal Office conducted searches at 17 locations across Maharashtra, Rajasthan, Delhi, Gujarat, Daman and Uttar Pradesh on Tuesday, under the Prevention of Money Laundering Act (PMLA), in connection with an ongoing probe into the Cyprus-based illegal online betting platform Parimatch.During the raids, the agency seized movable assets worth around Rs 1.56 crore, including cash amounting to nearly Rs 1.2 crore. The ED also froze app…