ED: Shell firms bribed for faster project clearances in India

The Enforcement Directorate (ED) revealed that shell companies were used to pay bribes to expedite project clearances. This practice facilitated corruption and potentially delayed legitimate development. The ED's investigation uncovered the use of these companies to funnel illicit payments. The bribes were intended to influence officials and bypass standard procedures, resulting in faster approvals for various projects. This investigation highlights ongoing concerns about corruption and the misuse of financial structures in India. The ED continues to investigate the extent of the bribery and identify those involved.