Mumbai, October 8 (Udaipur Kiran): The Enforcement Directorate (ED) conducted search operations at eight locations in Mumbai on Wednesday in connection with a money laundering investigation linked to a drug trafficking network.
Although the agency has not yet issued an official statement, ED sources confirmed that the raids were carried out under the provisions of the Prevention of Money Laundering Act (PMLA), 2002.
The searches are being conducted at premises linked to drug trafficker Faisal Javed Sheikh, his associate Alfia Faisal Sheikh, and other alleged members of the network.
According to initial findings, Faisal Javed Sheikh was allegedly purchasing large quantities of synthetic drug MD (Mephedrone) through his supplier Salim Dola, a notorious drug kingpin who has been on the radar of multiple law enforcement agencies for a long time.
The ED is probing the financial trail and suspected money laundering linked to the illegal drug trade. Further details are awaited as the investigation is ongoing.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.