The Enforcement Directorate (ED) has conducted extensive search operations across multiple locations in Kolkata and other regions in connection with various banking fraud cases. On December 17, the ED targeted 12 locations in West Bengal, including the residence of industrialist Sanjay Sureka and several sites in Hooghly and Howrah. The operations are part of a broader investigation into alleged financial fraud involving loans from state-owned banks. In a related case, the ED arrested Sureka in connection with a ₹6,000 crore fraud. Additionally, the ED executed searches at 13 locations linked to Concast Steel and Power Group, uncovering incriminating documents and gold. The agency is also investigating a ₹231 crore fraud linked to BJD leader Pramila Mallik's brother, with raids conducted in Sambalpur and Delhi. The ED's actions reflect an intensified effort to combat banking fraud and money laundering activities under the Prevention of Money Laundering Act (PMLA).