The Enforcement Directorate (ED) filed a money laundering case against media baron Raghav Bahl for purchasing an unÂdisclosed foreign asset. Raghav Bahl was the owner of Network18 before Mukesh Ambani acquired all Network18 and Viacom18 companies. An Enforcement Case Information Report (ECIR), equivalent to an FIR, was registered earlier this week after taking cognisance of an income-tax department complaint against Bahl and others. The case was filed under the Prevention of Money Laundering Act (PMLA).
The I-T department had recently filed a chargesheet against Raghav Bahl beÂfore a court in Meerut under the provisions of the anti-black money law or the Black Money (Undisclosed Foreign IncoÂme and Assets) and Imposition of Tax Act, 2015. Bahl has said, he is being hounded for no wrong.