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Britain's Opposition Labour Party is calling for a freeze on the money donated by an Indian rice tycoon to the governing Conservative Party while he is under investigation by the Enforcement Directorate (ED) in India for fraud allegations.

The Enforcement Directorate (ED) on Thursday said it has raided a Delhi-based rice company and its promoter, who donated about Rs 2.5 crore to a political party in the UK, as part of a money laundering probe linked to an alleged bank loan fraud.

Britain's Opposition Labour Party is calling for a freeze on the money donated by an Indian rice tycoon to the governing Conservative Party while he is under investigation by the Enforcement Directorate (ED) in India for fraud allegations.

The Enforcement Directorate (ED) on Thursday said it has raided a Delhi-based rice company and its promoter, who donated about Rs 2.5 crore to a political party in the UK, as part of a money laundering probe linked to an alleged bank loan fraud.