Mumbai, June 2 -- The Enforcement Directorate (ED) today conducted searches at 20 locations across Mumbai in Maharashtra, Surat, Ankleshwar and Rajkot in Gujarat as part of a money laundering investigation linked to alleged drug trafficker Salim Ismail Dola and his associates under the Prevention of Money Laundering Act (PMLA).
According to the ED, the investigation centres on an alleged syndicate involved in the supply of precursor chemicals, the manufacture of mephedrone (MD), large-scale narcotics trafficking and the laundering of illegal proceeds through hawala channels. Officials said investigators are examining financial transactions, properties and assets allegedly connected to the network in an effort to establish the full scope of...