The raids were conducted on February 27 at a dozen locations in Delhi, Noida (Uttar Pradesh) and Faridabad and Gurugram (both in Haryana) against WTC Group and its promoter Ashish Bhalla, and Bhutani Group and its promoter Ashish Bhutani under the provisions of Prevention of Money Laundering Act (PMLA), the federal agency said in a statement.
