Major Raids in Hyderabad ED Focuses on Four Companies

The Enforcement Directorate (ED) has conducted major raids in Telangana, targeting sand and granite business operators. Simultaneous searches were carried out in several locations across Hyderabad and Karimnagar, creating a stir in business and political circles.

Officials are reportedly searching offices and residences linked to around four major companies. The raids are said to be based on allegations of GST evasion and money laundering. Documents, bank accounts, and digital storage devices are being thoroughly examined.