General

ED Conducts Searches in Bengaluru, Hospet, and Gurugram Over Illegal Iron Ore Exports

The Enforcement Directorate is searching 20 locations in Bengaluru, Hospet, and Gurugram in connection with illegal iron ore exports via Belekeri Port, under PMLA investigations linked to CBI cases.

author-image
Sumit Kumar
New Update
Enforcement Directorate

By A Staff Reporter

The Enforcement Directorate (ED) on Wednesday conducted searches at 20 premises across Bengaluru, Hospet, and Gurugram in connection with the illegal export of iron ore through Karnataka’s Belekeri Port.

Officials said the investigation is being carried out under provisions of the Prevention of Money Laundering Act (PMLA), 2002. The probe follows FIRs and charge-sheets filed by the Central Bureau of Investigation (CBI) in cases concerning unlawful iron ore exports from Belekeri Port, as directed by the Supreme Court.

The searches aim to gather evidence related to alleged financial irregularities and money laundering associated with the illegal export operations. The ED is focusing on tracking the flow of funds and uncovering any links between the accused and the illegal transactions.