New Delhi [India], November 7 (ANI): The Enforcement Directorate (ED) carried out searches at multiple locations in Delhi and Goa on Friday against several hawala operators.

The raids have been underway since early morning, based on specific inputs against suspected hawala operators, in close coordination with the relevant police forces in Delhi and Goa.

ED's headquarters unit is conducting simultaneous searches under the provisions of the Foreign Exchange Management Act (FEMA) in connection with a probe into undisclosed properties allegedly held by Indian nationals in Dubai.

According to officials, the operation aims to uncover illegal foreign remittances and unaccounted investments made abroad through hawala channels.

The agency suspects that funds were routed outside India in violat

See Full Page