New Delhi, Jan. 5 -- The Enforcement Directorate (ED) on Monday carried out searches at multiple locations in Delhi and Ghaziabad in connection with an investigation against Satat Sampada Pvt Ltd under the provisions of the Foreign Exchange Management Act (FEMA), officials said.

The searches are being conducted by the headquarters unit of the ED, covering four premises--one office, one business store, and two residential locations linked to the company and its key functionaries.

"The searches are part of an ongoing probe into alleged violations related to the receipt and utilisation of foreign exchange funds," said the officials, requesting anonymity as the operation was on.

Officials said "the central focus of the investigation is to ...