The Enforcement Directorate (ED) has searched 17 locations linked to Suraksha Asset Reconstruction Company Ltd (SARCL) promoter Sudhir Valia and senior executives. The searches are part of a money laundering probe into alleged collusion between SARCL and Yes Bank’s former co-promoter Rana Kapoor, involving circular transactions and undervaluation of assets.
ED raids 17 sites in 2 states in Yes Bank loan fraud case

