Health & Environment
ED Freezes Bank Account and Conducts Searches in Bengaluru Counterfeit Medicine Racket
The Hindu2h
THE BRIEF
1
The Directorate of Enforcement conducted searches at five premises in Bengaluru as part of a money-laundering probe into a counterfeit medicines racket.
2
The agency froze a bank account containing approximately ₹9 lakh belonging to an accused named Veeresh Kumar under the Prevention of Money Laundering Act.
3
Investigators allege that generic medicines were fraudulently relabelled with Pfizer antibiotic brand names such as Zavicefta and Emblaveo and distributed via pharmaceutical suppliers.