Suspicion of money laundering. The Enforcement Directorate (ED) has written a letter on Tuesday to the Hyderabad Commissioner of Police seeking details related to the case. Police have already frozen nearly ₹3.5 crore from iBOMMA Ravi’s bank account. Large amounts of money were transferred into Ravi’s account from foreign bank accounts. Around ₹15 lakh per month was being transferred from a crypto wallet. The ED is set to investigate these matters.
