New Delhi, March 6 The Enforcement Directorate conducted searches at multiple locations in Mumbai and Hyderabad on Friday as part of a money laundering investigation against Reliance Power Ltd., a group company of businessman Anil Ambani, officials said.
About 10-12 locations linked to the company and its executives are being searched in the two cities, they said.
About 15 teams from the agency are carrying out the operation, the officials said.
The ED is investigating multiple companies linked to Anil Ambani as part of a money laundering case allegedly linked to a bank fraud.