Maha: ED raids nine locations in Rs 242-cr Yavatmal cooperative bank scam probe

Yavatmal, Oct 1 (UNI) The Enforcement Directorate (ED) on Thursday conducted simultaneous searches at nine locations in Maharashtra's Yavatmal district in connection with an alleged Rs 242-crore financial irregularity at the Babaji Date Mahila Cooperative Bank and a subsequent money laundering probe, officials said. The case is based on multiple FIRs registered by the Avdhutwadi Police Station in Yavatmal against officials and employees of Babaji Date Mahila Sahakari Bank and its borrowers. The ED's Mumbai unit launched the raids after registering a case under the Prevention of Money Laundering Act (PMLA). According to reports, the searches were carried out at…