Thu Jul 17 09:15:54 UTC 2025: Okay, here’s a news article summarizing the information provided:
**For Immediate Release**
**Enforcement Directorate Raids Bengaluru Locations in Cooperative Bank Money Laundering Case**
**BENGALURU, INDIA –** The Enforcement Directorate (ED), India’s financial crime investigation agency, conducted raids at 15 locations across Bengaluru today as part of an ongoing money laundering investigation targeting N Srinivas Murthy, founder of the Sushruti Souharda Cooperative Bank.
The raids are connected to allegations of financial irregularities and potential money laundering activities linked to Murthy and the cooperative bank. Details regarding the specific nature of the alleged money laundering scheme remain under investigation.
“We can confirm that searches are being carried out at multiple locations in Bengaluru concerning a money laundering case against N Srinivas Murthy and Sushruti Souharda Cooperative Bank,” an ED spokesperson stated. “The investigation is ongoing, and further information will be released as appropriate.”
The ED’s actions highlight the agency’s commitment to cracking down on financial crimes and ensuring the integrity of the banking sector. The searches are expected to yield crucial evidence to further the investigation.
Further updates on the case will be provided as they become available.
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