The Enforcement Directorate (ED) on Tuesday conducted multiple searches in Mumbai as part of a money laundering probe linked to the operations of the underworld, illegal property deals and hawala transactions, official sources said.
About ten locations are being covered in Maharashtra's capital city and the action is being conducted under sections of the Prevention of Money Laundering Act (PMLA).
The ED action is based on a recent FIR filed recently by the National Investigation Agency (NIA) against 1993 Mumbai blasts mastermind and fugitive gangster Dawood Ibrahim and some independent intelligence inputs received by the former agency, they said.
The anti-money laundering agency is looking for evidence related to Mumbai underworld-linked hawala, extortion and illegal property deals, the sources said.
They said some political links to these shady deals are also under the radar of the agency.
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)
Probe Agency Links Assets Worth Rs 4 Crore To Chinese Man In Money Laundering Case Raids Conducted In Jharkhand, Bengal In Case Linked To Alleged Bangladeshi Infiltration Raids In Jharkhand, West Bengal Linked To Cross-Border Infiltration Wary Of NASA Satellites, How Farmers Time Crop-Burning, Scientist Explains New Zealand MP Leads Traditional Dance, Rips Up Copy Of Bill In Parliament Pollution Chokes Delhi, New Restrictions In Place, Schools Go Online Princess Mikasa, Oldest Member Of Japan's royal family, Dies At 101 Australian Couple Returns Home From Work. Finds An Unexpected Guest 2024 BMW M340i Launched In India: Priced At Rs 74.9 Lakh Track Latest News Live on NDTV.com and get news updates from India and around the world.