New Delhi, July 24 -- The Enforcement Directorate (ED) on Friday carried out searches at eight locations across Delhi, Uttar Pradesh and Punjab in connection with its ongoing probe into an alleged Rs 450 crore money laundering case against Santosh Overseas Ltd and its related entities.

The raids are underway at premises linked to the company's promoters, associated entities and facilitators from early morning in close coordination with security forces.

The ED's Lucknow Zonal Office is conducting the search operations under the provisions of the Prevention of Money Laundering Act (PMLA), 2002.

The ED investigation stems from a Central Bureau of Investigation (CBI) case relating to an alleged bank fraud involving approximately Rs 450 cro...