The Enforcement Directorate (ED) on Monday raided two locations in relation with the case against HDIL directors Rakesh Kumar Wadhawan and his son Sarang Wadhawan, who are currently in custody of Mumbai police's Economic Offences Wing (EOW). The ED is investigating the Punjab Maharashtra Cooperative (PMC) bank in the Rs 4,355-crore money laundering case.

According to sources, properties of Wadhawans' close associates were raided on Monday. The ED has found documents which suggest that the owners of Housing Development and Infrastructure Ltd (HDIL) gifted a number of houses to politicians in some of Maharashtra's prime locations. However, the agency is not disclosing the names of any politicians as they are yet to get the custody of the accused.