New Delhi/IBNS, July 24 -- The Enforcement Directorate (ED) on Thursday raided 35 premises linked to industrialist Anil Ambani in Delhi and Mumbai in connection with a money laundering case, media reports said.

Two First Information Reports (FIRs) registered by the Central Bureau of Investigation (CBI) have alleged large-scale financial irregularities.

The report claims senior officials including former promoters of Yes Bank Ltd. were given bribes for large unsecured loans.

Yes Bank allegedly sanctioned loans worth Rs. 3,000 crores to the entities under the Reliance Anil Ambani Group.

The ED suspects key Yes Bank officials received individual payments for facilitating irregular loans to the group.

Regulatory and financial bodies like...