India, Oct. 19 -- The Enforcement Directorate (ED) is conducting searches on the premises of Diwan Housing Finance Limited (DHFL) that has come under the scanner after the recent arrests of two people linked to gangster Iqbal Mirchi, an aide of underworld don Dawood Ibrahim.

Fourteen premises of DHFL have been searched so far over a loan sanctioned to Sunblink Real Estate Pvt Limited, the firm at the centre of controversy for its alleged link with Mirchi. British national Haroun Yusuf, a close aide of underworld gangster Mirchi, and a city-based businessman Ranjeet Bindra, were arrested for their alleged role in money laundering rackets run by Mirchi.

DHFL is at the centre of a controversy for allegedly giving loans to Sunblink Real Est...