ED Raids in Kerala: Crackdown on PFI: ED conducted raids at several places in Kerala. Kochi News


KOCHI: The Enforcement Directorate (ED) is conducting simultaneous raids at multiple locations in Kerala in connection with investigations into the now-banned Popular Front of India (PFI) under the Money Laundering Act (PMLA).
Raids are being conducted in at least four districts including Ernakulam, Malappuram, Wayanad and Thrissur.
The raids, which began on Monday morning, were being carried out with the help of CRPF and Kerala Police personnel. The raids are underway at Chavakkad in Thrissur and Kambalam in Ernakulam and several locations in Malappuram linked to former PFI associates.
The agency had in August seized immovable properties with an estimated value of Rs 2.53 crore belonging to Munnar Villa Vista Pvt Ltd under provisions of the Prevention of Money Laundering Act (PMLA). There were reports of the agency finding that PFI leaders and members associated with overseas entities were developing residential projects in Munnar with the aim of laundering money collected from abroad as well as from within the country. Funds for PFI were to be generated.
The central government had on September 27, 2022 declared PFI and its affiliates or associates as illegal.



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