ED raids Karnataka Excise officials, seizes assets worth ₹13.3 crore in money laundering probe (opens original article in a new tab)

The ED raided Karnataka excise officials' premises, seizing ₹13.3 crore in assets as part of a money laundering investigation linked to alleged corruption and bribery in the excise department.

• ED conducted raids on 14 locations in Karnataka against excise officials under PMLA
• Seized assets worth ₹13.3 crore including cash, gold, and foreign currency
• Alleged corruption involved bribes from liquor outlets and illicit business operations
• Officials allegedly used family members to obtain licenses and launder money
• ED claims officials operated as an organized syndicate