ED Continues Its Action Against Ill-Gotten Money, Raids At Nine Locations In Kerala

New Delhi, Sep 20 (TNA) The Enforcement Directorate (ED) on Tuesday continued with its actions against black and ill-gotten money and conducted search and survey operations under PMLA, 2002 at nine locations across Kerala.

The action was taken in the case of siphoning off bank funds of more than Rs. 150 Crore from Karuvannur Service Cooperative Bank Ltd. During the search and survey operations 800 grams gold and Rs. 5.5 Lakh were seized from the residential premises of Sunil Kumar, from the residence of Anil Kumar, five documents of value approximately Rs. 15 Crore were seized, from the residential premises of Deepak S.

19 documents of value more than Rs. 5 Crore were seized being proceeds of crime. From the premises of document writers, evidences in the form of benami properties documents dealt by Satheesh Kumar of nearly 25 properties have been retrieved, an official informed.