New Delhi [India], February 29 (ANI): The Directorate of Enforcement (ED) has frozen Rs 123 crore, belonging to Singapore-based shell entities, parked in bank accounts of Mumbai-based NIUM Indian Pvt Ltd as part of its probe into a money laundering case of illegal online loans, gambling, and betting apps through a cluster of mule accounts in Kerala. The amount was frozen following searches conducted last week at 10 locations in Mumbai, Chennai and Kochi at the premises of NIUM India Pvt Ltd and its directors based in Mumbai, Xoduz Solution Pvt Ltd, Vikrah Trading Enterprises Pvt Ltd, Tyrannus …
