ED launched widespread search operations targeting senior political figures and their business networks in Southern India. Official investigative disclosures confirm that ED raids linked to Satish Jarkiholi were conducted across eighteen locations in Karnataka to track financial trails connected to an ongoing money laundering inquiry.

Investigators launched searches under the Prevention of Money Laundering Act after gathering specific financial inputs regarding suspicious monetary transactions. Federal agents are examining potential money laundering trails, evaluating alleged illegal transfers of funds to foreign jurisdictions, and reviewing business operations linked to the minister’s family network. The operation follows previous enforcement actions against senior officials in the state, expanding the scope of the federal agency’s economic surveillance.

ED Raids: Which Locations And Leaders Were Targeted?

ED search teams simultaneously raided residential properties and commercial establishments across Bengaluru, Belagavi, and Gokak. Key sites targeted included the minister’s residence in Dollars Colony, Bengaluru, along with premises belonging to his daughter, Chikkodi Lok Sabha MP Priyanka Jarkiholi. ED agents also inspected properties connected to close business associates, family members, and senior state department officials previously under regulatory scrutiny.

Deploying multiple search teams with security personnel allows authorities to secure digital evidence, financial ledgers, and property documents essential for establishing transaction chains. The gathered evidence will determine whether formal summonses or asset freezes follow as the financial investigation progresses.

Financial regulatory scrutiny remains heightened as federal agencies track complex transaction networks. Ongoing searches underscore the government’s systematic efforts to curb cross-border money laundering practices.