CHENNAI: The Enforcement Directorate on Thursday carried out searches at the residence of AIADMK leader and former Tamil Nadu minister C Vijayabaskar in Ilupur, Pudukottai.
About 25 premises are being covered by the central agency as part of the two cases, the sources said.
C Vijayabasakar, an AIADMK strongman from Pudukottai in Tamil Nadu,
is being raided by the central agency based on a FIR registered by DVAC in 2022 linked to an alleged case of possession of disproportionate assets.
Followed by the case handled by DVAC, now ED steps in to investigate the Money laundering angle in case.
After AIADMK broke ties with the BJP in last September, Vijayabaskar was the first AIADMK heavyweight to be raided by a central investigative agency. He was earlier booked by the CBI in a "gutkha scam".
Meanwhile, today, AIADMK general secretary Edapadi K.palaniswami is releasing their second set of candidates ahead of the lok sabha polls.
"We will face everything legally" said EPS when asked about the raids.
The premises linked to real estate group Gsquare and linked entities in and around Chennai city are also being searched as part of an investigation under the provisions of the Prevention of Money Laundering Act (PMLA), the sources said.