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Crime
ED conducts raids at eight sites in Kozhikode in CMRL‑Exalogic money‑laundering probe
✍️ Hindustan Times
🗓 19 Aug 2026, 09:45 AM
👁 5
The Enforcement Directorate raided eight locations in Kerala’s Kozhikode district on Tuesday as part of its investigation into alleged money‑laundering linked to the CMRL‑Exalogic case.
The Enforcement Directorate (ED) carried out coordinated raids at eight different premises in Kozhikode district of Kerala on Tuesday. Officials entered the sites with search warrants as part of a broader investigation into financial irregularities.
The operation is linked to the ongoing probe into the CMRL‑Exalogic case, where authorities suspect that funds were laundered through complex transactions involving the Chennai Metro Rail Limited (CMRL) and the IT services firm Exalogic. The ED is examining whether the alleged money trail violates the Prevention of Money Laundering Act (PMLA).
While the raids were completed without public incident, the department has not disclosed the identities of the individuals or entities targeted. Further actions, including possible arrests or seizure of assets, will depend on the evidence gathered during the searches.
The operation is linked to the ongoing probe into the CMRL‑Exalogic case, where authorities suspect that funds were laundered through complex transactions involving the Chennai Metro Rail Limited (CMRL) and the IT services firm Exalogic. The ED is examining whether the alleged money trail violates the Prevention of Money Laundering Act (PMLA).
While the raids were completed without public incident, the department has not disclosed the identities of the individuals or entities targeted. Further actions, including possible arrests or seizure of assets, will depend on the evidence gathered during the searches.