HomeNewsIndiaRanya Rao gold smuggling case: ED raids educational institutions linked to K'taka home minister
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Ranya Rao gold smuggling case: ED raids educational institutions linked to K'taka home minister

According to them, 16 locations in the state were raided by the agency under the Prevention of Money Laundering Act (PMLA) targeting hawala operators and accommodation entry operators who allegedly made "fake" financial transactions into Rao's accounts

May 21, 2025 / 22:45 IST
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Ranya Rao gold smuggling case: ED raids educational institutions linked to K'taka home minister
Ranya Rao gold smuggling case: ED raids educational institutions linked to K'taka home minister

The ED Wednesday searched locations in Karnataka, including educational institutions linked to state Home Minister G Parameshwara, as part of a probe into alleged gold smuggling-linked money laundering case against Kannada actor Ranya Rao and others, official sources said.

According to them, 16 locations in the state were raided by the agency under the Prevention of Money Laundering Act (PMLA) targeting hawala operators and accommodation entry operators who allegedly made "fake" financial transactions into Rao's accounts.

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The Enforcement Directorate filed a PMLA case a few months ago after taking cognisance of a CBI and DRI (Directorate of Revenue Intelligence) complaint into a larger gold smuggling racket in India, including the case of Rao.

The ED sources said an educational trust is suspected to have "diverted" funds and made a payment of Rs 40 lakh towards the credit card bill of Rao, allegedly on the instructions of an influential individual.