The Enforcement Directorate on Friday searched the premises linked to businessman Navneet Kalra and his associates in connection with a money laundering probe linked to a recent case of alleged hoarding and black-marketing of oxygen concentrators which are in high demand amid Covid-19 pandemic surge.
The searches are being conducted at various locations in the national Capital under provisions of the Prevention of Money Laundering Act (PMLA), agency sources said.
Through the searches, the ED is seeking to gain additional evidence to take the money laundering probe forward, they said.
The ED had recently booked Kalra and others under the anti-money laundering law after taking cognisance of a Delhi Police FIR filed on May 5 as PMLA comes under the ambit of a predicate offence.
Following registration of the case, the Delhi police searched some restaurants and premises owned and linked to Kalra.
The police had recovered more than 500 life-saving oxygen concentrators from the searched premises. The police alleged that they were being hoarded and sold in the black market on a high premium.
Kalra has denied any wrongdoing and claimed the consignment was meant for regular sale.
Earlier, the police produced Kalra before a court that sent him to 14-day judicial custody.