Srinagar/New Delhi, Feb 24 (PTI) The Enforcement Directorate (ED) on Wednesday conducted raids at the premises of two business groups in the Kashmir valley, sources said.

They said the raids were conducted in Srinagar and adjoining areas with the assistance of security personnel.

There was no official word from the central probe agency.

The sources, however, said the searches are linked to a money laundering probe.

One of the business premises being searched is linked to the office bearer of a regional political party.

(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)