Hyderabad: Hyderabad-based car dealer Basharat Ahmed Khan’s residence in Jubilee Hills and his showroom, SK Car Lounge at Gachibowli, were raided by the Enforcement Directorate (ED), on Friday, September 26.

According to reports , the raids were carried out in connection with the alleged violations under the Foreign Exchange Management Act (FEMA) relating to the smuggling of imported cars.

Basharat Khan was arrested by the Directorate of Revenue Intelligence (DRI) in May this year on the accusation of committing a Rs 100 crore customs fraud in importing luxury cars. He was arrested by DRI in Surat and was presented before a special court in Ahmedabad.

Investigation into the case has also revealed that a former minister in the previous BRS government and a sitting minister in the

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