The Enforcement Directorate (ED) on Friday conducted searches at multiple premises linked to former MLA PV Anvar and associated individuals in Kerala in connection with a money laundering investigation arising from fraudulent loans sanctioned by Kerala Financial Corporation in 2015.

The raids have continued since early Friday, with ED’s Kochi zonal office is carrying out the searches at the residence Anvar– who served as the independent Nilambur MLA backed by the LDF/CPM from 2016 to 2021– in Othayi in Kerala’s Malappuram region. Later on, he joined the Trinamool Congress (TMC).

Officials said the searches are linked to the probes relate to the generation of proceeds of crime through irregular loan sanctions causing a loss of ₹22.31 crore.

“Anvar, the alleged beneficiary, and key person

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