Bengaluru, Apr 8 (PTI) The Enforcement Directorate on Tuesday conducted searches at multiple locations in Karnataka as part of a money laundering investigation linked to alleged financial irregularities in certain cooperative banks, officials said.

The raids are being conducted in Bengaluru and Shivamogga districts and about ten locations are being covered, they said.

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The investigation is being conducted under the Prevention of Money Laundering Act (PMLA), as per the officials.

Details of the case are awaited.

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(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)