New Delhi, Nov 21 (UNI) The Enforcement Directorate (ED) on Friday launched extensive searches at multiple locations connected to former Independent MLA P.V. Anvar and his associates. The operation began early in the morning.

“The raids are part of a money laundering probe stemming from alleged fraudulent loans sanctioned by the Kerala Financial Corporation (KFC) back in 2015,” said the ED official.

The probe is examining the generation of proceeds of crime, which are estimated to have caused a loss of ₹22.31 crore to the financial institution, the officials said.

The investigation focuses on allegations of disproportionate assets, suspected benami holdings, and the diversion of funds into real estate projects as the agency traces the money trail.

Anvar, who served as the Nilambur MLA

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