New Delhi, Aug. 11 -- The Enforcement Directorate (ED) on Tuesday said it has seized incriminating records relating to monetary transactions, diversion and parking of funds, investments in immovable properties and dealings with various persons and entities associated with the accused during its raids carried out at various places across Karnataka in a Rs 2110.97 crore money laundering probe.

ED's Mangalore zonal office carried out the search operation on August 7 at various premises located at Belagavi, Chikkodi and Nipani, linked to Shivam Associates, Shivanand Siddappa Neelannavar and other associated persons and entities U/s 17 of the Prevention of Money Laundering Act (PMLA), 2002.

ED initiated an investigation on the basis of a Fir...