The enforcement directorate (ED) officials has launched a campaign together against Black money on Saturday across the country. As per the ANI reports, the ED has been conducting raids at several states in the country. Till now, the officials have raided 300 companies in 16 states, including Delhi, Mumbai, Kolkata, Chennai, Hyderabad and Kochi.

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According to media reports, the ED officials has learned that, after the ban was imposed many companies across nation has sent money out of the country after which the officials started conducting raids. During the raid the official have recovered many documents from different places, including details of crore transaction.

The ED officials are now verifying the documents of the companies which are suspected to be involved in shell companies which exchange scrap notes into new currency notes. Further the invesrtigation is going

More details to be awaited.