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Govt raids officials of Chinese shell companies in Delhi, Gurugram, Bengaluru, and Hyderabad

Edited By: Shashwat Bhandari
Published: ,Updated:

Indian organisations providing fake directors to hundreds of Chinese shell companies were raided on Thursday by officers from the Ministry of Corporate Affairs in Delhi, Gurugram, Bengaluru, and Hyderabad.

Representational image
Representational image Image Source : File photo
New Delhi:

Indian organisations providing fake directors to hundreds of Chinese shell companies were raided on Thursday by officers from the Ministry of Corporate Affairs in Delhi, Gurugram, Bengaluru, and Hyderabad.

Around 25-30 officers raided each location in four cities, sources informed.

Reports said that Indian citizens with no education and working in menial jobs were being provided as Directors to Chinese Shell companies. More details are awaited.

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