Expanding its probe into the alleged Rs 100 crore fraud in the CPI (M)-controlled Karuvannur cooperative bank, the Enforcement Directorate on Monday raided the premises of persons allegedly linked to fraudulent dealings in the case.
Sources in the ED said searches are going on at the premises of new "benamis" identified as having benefited from fraudulent loans from Karuvannur Bank.
Nearly a month ago, the ED raided the premises of former minister and CPI(M) MLA A C Moideen and some others as part of the money laundering investigation.
The federal agency then covered about half-a-dozen premises in the state as part of the fresh searches conducted under the provisions of the Prevention of Money Laundering Act (PMLA).
Later, Mr Moideen was interrogated by the ED for over nine hours in connection with its probe into the bank scam.
Addressing the media after the interrogation, Mr Moideen said he will appear again if required.
Raids were carried out by the ED in this case in August last year, too.
Featured Video Of The Day
Food Giants Selling Less Healthy Products In Low-And-Middle-Income Countries: Report
Probe Agency Raids Houses Of Karuvannur Bank Fraud Accused Amazon Employee Greets Friend At Wedding, Dies Of Cardiac Arrest "Violation Of Sovereignty, Abuse Of Power": Kanwal Sibal On US Report On Adani Group AAP's 7 'Revdis' Ahead Of Delhi Polls: Electricity, Education, Water Ather 450, Rizta Electric Scooters Now Get 8-Year Battery Warranty Dear ICC, Wake Up: Hybrid Model Is Must For India If Pak Has Hosting Rights Notre-Dame In Paris Set To Reopen Next Month, Elon Musk Shares Video Track Latest News Live on NDTV.com and get news updates from India and around the world.