ED seizes 12 luxury cars after raiding the residences of HDIL owners in PMC bank case
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The Enforcement Directorate (ED) seized 12 luxury cars during its raid in six different locations on Friday. The cars were seized from the residence of HDIL chairman Rakesh Wadhawan and his son Sarang Wadhawan. The cars included 2 Rolls Royce, 2 Range Rover and 1 Bentley. The ED has filed a money laundering case against HDIL promoters. "We want to know the exposure of these companies to the bank," a senior ED officer said.