ED raids multiple Kolkata locations in money laundering case

• ED conducts raids in Kolkata related to a 2021 money laundering case
• Raids extended into the night across eight locations, including South City and Jadavpur
• Recovered documents suggest potential international aspects to the case

On Saturday, the Enforcement Directorate (ED) conducted raids across Kolkata in connection with a 2021 money laundering case, extending late into the night. ED officials formed several small teams and searched a total of eight locations, including South City, Laketown, and Jadavpur. Among the places raided, ED officials visited the residence of Surendra Bagadia and Kamal Duggad at 14/2, Mackenzie Lane, Golabari police station, Howrah. The raid, carried out by a team of five ED officers, yielded the recovery of numerous documents.

Previously under investigation by the CBI, sources indicated that the ED's raid in the money laundering case may involve international links. The operation marks a significant development in the ongoing probe, highlighting efforts to uncover potential foreign connections in the alleged financial irregularities.