what is ed raid

ED stands for Enforcement Directorate, which is a domestic law enforcement agency and economic intelligence agency responsible for enforcing economic laws and fighting economic crime in India. The agency focuses on investigating and prosecuting cases related to money laundering, foreign exchange violations, and economic offenses. ED has been given the responsibility to enforce the provisions of the Prevention of Money Laundering Act (PMLA) by conducting investigations to trace the assets derived from proceeds of crime, to provisionally attach the property, and to ensure prosecution of the offenders and confiscation of the property by the Special court. ED conducts raids and searches at various locations to investigate cases related to money laundering and other economic offenses.