Three months ago, the ED had launched raids in the offices of several film producers, performers, distribution companies, and financiers.
Digital Desk: The
Enforcement Directorate (ED) raids are currently taking place on Tuesday at ten locations associated with Lyca Productions, a significant Tamil film production firm.
One of the top cinema producers in
Tamil Nadu, Lyca has produced blockbusters like "Ponniyin Selvan 2" and "Vikram," starring Kamal Haasan. 'Indian 2's' second edition is likewise being produced by Lyca.
Three months ago, the ED had undertaken raids on the offices of several film producers, performers, distribution companies, and financiers.
According to officials in the investigation agency, during the earlier raids, some digital proof on the movement of money and money that was poured in by unidentified private financiers was discovered.
Furthermore, jewellery worth Rs 3 crore and Rs 26 crore in unaccounted money were found. The searches that were originally undertaken were followed up on by the raids at Lyca Productions' offices.
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