Two tunnel boring machines owned by Era Infra Engineering Limited (EIEL) has been taken under the scope of the money laundering investigation by the Enforcement Directorate (ED).

“Investigations conducted by ED have revealed that the funds were disbursed and utilised in a manner defying the sanctioned purpose. Out of Rs 450 crore disbursed by UCO Bank, amount of Rs 211 crores and Rs 25 crore (respectively) were utilised for purposes beyond the purview of the sanctioned terms,”

from: https://www.hindustantimes.com/cities/ed-attaches-two-tunnel-boring-machines-in-money-laundering-cases-against-infra-firm/story-nQcLddowOsVOlYV5X9lJwK.html