The Enforcement Directorate on Wednesday conducted multiple raids in Kashmir in connection again raids were conducted few days before with a money-laundering probe linked to alleged suspicious transactions in the J&K Bank.
The central probe agency conducted raids at different locals including polo view, Lasjan and others.
Earlier ED had raided Mohd Ibrahim Dar, Murtaza Enterprises, Azad Agro Traders, M&M Cottage Industries, and Mohd Sultan Teli who are “involved” in the hospitality and agro-based industries, civil construction, and real estate businesses.
“The searches resulted in the recovery of evidence of money laundering as the bank accounts have been found to be used for routing suspicious transactions,” ED had said.
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