Enforcement Directorate Conducts Raids in Karnataka Congress MLA's Sons' Crypto Investigation
ED searches premises linked to Karnataka Congress MLA’s sons in crypto probe
The Economic Times
Image: The Economic Times
The Enforcement Directorate has raided multiple locations linked to Mohammed Haris Nalapad and Omar Farook Nalapad, sons of Karnataka Congress MLA N A Haris, as part of a money laundering investigation related to cryptocurrency. The case involves allegations of hacking and theft of bitcoins dating back to 2017.
- 01Raids conducted by the Enforcement Directorate on the sons of Karnataka Congress MLA N A Haris.
- 02Investigation is linked to a money laundering case involving cryptocurrency.
- 03The raids are based on previous Karnataka Police FIRs and chargesheets from 2017.
- 04Mohammed Haris Nalapad and Omar Farook Nalapad are alleged beneficiaries of the proceeds of crime.
- 05The operation targets approximately a dozen premises in Bengaluru.
Advertisement
In-Article Ad
On Monday, the Enforcement Directorate (ED) conducted raids on the premises of Mohammed Haris Nalapad and Omar Farook Nalapad, the sons of N A Haris, a Congress legislator from the Shantinagar Assembly constituency in Bengaluru, Karnataka, India. The raids are part of an investigation into money laundering linked to cryptocurrency, specifically under the Prevention of Money Laundering Act (PMLA). This investigation is rooted in allegations stemming from Karnataka Police FIRs and chargesheets related to a 2017 hacking case involving the theft of bitcoins by an alleged hacker named Srikrishna Ramesh, also known as Sriki. The ED suspects that the Nalapad brothers may have benefited from the proceeds of this alleged crime. Approximately a dozen locations in Bengaluru are being searched as part of this ongoing investigation.
Advertisement
In-Article Ad
The investigation could have significant implications for the political landscape in Karnataka, particularly for the Congress party amid ongoing scrutiny.
Advertisement
In-Article Ad
Reader Poll
Do you believe cryptocurrency regulations are necessary to prevent money laundering?
Connecting to poll...
More about Enforcement Directorate
Pune Builder Avinash Bhosale Receives Partial Relief in Yes Bank-DHFL Case
Hindustan Times • Apr 20, 2026
Delhi High Court to Review ED's Plea Against Sonia and Rahul Gandhi in National Herald Case
Ndtv • Apr 20, 2026
Kolkata Businessman Arrested in ED Money Laundering Probe Linked to Criminal Syndicate
The Economic Times • Apr 20, 2026
Read the original article
Visit the source for the complete story.