India, March 18 -- The Enforcement Directorate (ED) on Tuesday raided several premises in Bengaluru linked to certain beneficiaries of American billionaire George Soros-founded Open Society Foundations (OSF) in connection with a foreign exchange violation probe, people familiar with the development said.

Officials said that premises of individuals who had previously received funds from OSF for its activities in India were being searched under foreign exchange management act (FEMA).

The federal agency didn't disclose the names of beneficiaries, but officials suggested that some of them were earlier associated with Amnesty India.

Under FEMA, ED investigates flow of foreign funds to individuals and entities and their utilisation. Enacted ...