ED Raids Surana Group, Sai Surya Developers In Hyderabad Over Money Laundering Allegations

The searches took place at residences and offices linked to Surana Group and Sai Surya Developers at several high-profile locations, including Jubilee Hills, Bowenpally and Secunderabad.

The action stems from multiple complaints alleging cheating and breach of trust against Sai Surya Developers, which eventually led to a broader probe into financial misconduct.

Source : X

The Enforcement Directorate (ED) carried out a series of coordinated raids across Hyderabad and Secunderabad on Thursday, targeting properties associated with Surana Group and Sai Surya Developers in connection with an ongoing money laundering investigation.

The searches took place at several high-profile locations, including Jubilee Hills, Bowenpally, and Secunderabad. 

The action stems from multiple complaints alleging cheating and breach of trust against Sai Surya Developers, which eventually led to a broader probe into financial misconduct.

According to ANI, ED said, "The Enforcement Directorate is conducting raids across Hyderabad at Secunderabad, Jubilee Hills and Bowenpally areas. The raids are against Surana Group and Sai Surya Developers in a money laundering case."

The Enforcement Directorate is conducting raids across Hyderabad at Secunderabad, Jubilee Hills and Bowenpally areas. The raids are against Surana Group and Sai Surya Developers in a money laundering case: ED

— ANI (@ANI) April 16, 2025