Chennai, 2 September (H.S.): The Enforcement Directorate (ED) conducted raids at over 10 locations across Chennai on April 7, targeting premises linked to Tamil Nadu Municipal Administration Minister KN Nehru, his family members, and associates. The searches were part of an ongoing investigation into alleged financial irregularities and disproportionate accumulation of assets.

The ED teams searched properties in prominent areas such as Adyar, Teynampet, CIT Colony, and MRC Nagar, reportedly linked to Minister Nehru's son KN Arun and brother KN Ravichandran. Other locations searched included the residences of Nehru's brothers, Manivannan and Ravichandran, in Coimbatore and Chennai, respectively.

The raids were reportedly based on allegations of unaccounted assets disproportionate to known income sources. The ED is investigating possible financial misconduct involving politically connected individuals and entities in the state. The searches aimed to collect evidence on alleged money laundering in the Prevention of Money Laundering Act (PMLA) case registered by the agency.

The investigation is linked to a bank fraud case involving Truedom EPC India Pvt Ltd, a company where KN Nehru's brother, Ravichandran, serves as a director. The company allegedly defrauded Indian Overseas Bank of Rs 22 crore, prompting the ED to initiate a money laundering investigation.

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Hindusthan Samachar / Dr. R. B. Chaudhary