Kolkata, April 17 -- The Enforcement Directorate (ED) on Friday carried out a series of coordinated raids at several premises linked to the Merlin Group, a Kolkata-based real estate developer.
The searches, which began early in the morning, are understood to be part of an ongoing investigation into alleged financial irregularities, including suspected violations of money laundering laws.
According to officials familiar with the matter, ED teams were deployed across multiple locations in the city and its adjoining areas.
Among the sites searched were Merlin Group properties on Middleton Street and in the CF Block area of Salt Lake.
The investigators also conducted searches at an office of the DC Pal Group, indicating a possible expansion...