Crackdown in Kolkata: ED Targets Key Figures in Money Laundering Probe

The Enforcement Directorate (ED) stepped up its efforts against money laundering in Kolkata on Wednesday, conducting searches across multiple sites in connection with an ongoing investigation. The crackdown targets Biswajit Podder, known as Sona Pappu, as well as a network allegedly involved in criminal activities.

Sources reveal that the ED's execution of search operations spans eight locations, including residences and commercial properties owned by Podder and individuals such as Babu Sona, Sun Group, and Jay Kamdar. The operations in Ballygunge and other areas come as West Bengal approaches its two-phase assembly elections.

These coordinated actions are carried out under the Prevention of Money Laundering Act (PMLA) and suggest an intensified strategy by the ED to curb financial crimes with potential electoral implications.