India, Feb. 22 -- The Enforcement Directorate (ED) on Friday raided the residences of Simran Preet Panesar, key suspect in Canada's biggest-ever gold heist, at Sector 79 in Mohali and Sector 38 in Chandigarh, two days after the federal agency registered a money laundering case in the crime that took place on foreign soil.

An official familiar with the development said: "Our team is conducting raids at Panesar's residences in our money laundering probe."

The team on Friday questioned Panesar's wife and seized documents pertaining to bank accounts and lockers.

HT reported on February 19 that ED has launched a Prevention of Money Laundering Act probe by invoking a Section 2 (1) (ra) of the act that allows it to take up cases of cross bord...