Updated: Feb 19, 2026 17:49 IST
ED seizes bank accounts, FDs, bonds worth Rs 590 crore under FEMA in crackdown against Winzo group
The Enforcement Directorate (ED) has seized bank accounts, fixed deposits, mutual funds and bonds of Winzo Pvt Ltd and its subsidiary Zo Pvt Ltd of Rs 590 crore under the Foreign Exchange Management Act (FEMA), 1999, the agency said on Thursday.
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