Suraksha Asset Reconstruction Company: ED Raids 17 Locations in Major Corporate Insolvency Case Linked to YES Bank, ETRealty

MUMBAI: The Enforcement Directorate on Tuesday conducted searches in Maharashtra and Delhi as part of a money laundering investigation into alleged irregularities related to a corporate insolvency resolution process, officials said. They said a total of 17 locations related to Suraksha Asset Reconstruction Company Ltd (SARCL), Suraksha Realty Ltd, Khyati Realtors Pvt Ltd, their promoters,…

The crash of Sydney property tycoon Jean-Dominique Huynh

The former Macquarie banker behind the redevelopment of Sydney’s iconic Sirius building has spectacularly collapsed into bankruptcy owing investors including a swath of the city’s wealthiest families more than $122 million. Jean-Dominique Huynh lived the high life, driving around in luxury cars and spending up on race horses, art and items from European fashion houses…