The Enforcement Directorate (ED) on Tuesday carried out extensive searches across Delhi and Maharashtra as part of an ongoing money laundering investigation linked to alleged irregularities in a corporate insolvency resolution process, officials said.
According to sources, the agency conducted raids at 17 locations associated with Suraksha Asset Reconstruction Company Ltd (SARCL), Suraksha Realty Ltd, Khyati Realtors Pvt Ltd, their promoters, directors and employees, as well as a former employee of YES Bank. The searches were undertaken in Mumbai, Khandala in Maharashtra and several locations in Delhi.
Officials said the operation forms part of a broader probe into suspected financial misconduct and irregularities involving the…