Sources said the top leadership has given a free hand to

The ED has already conducted 67 raids on FEMA violators, 36 raids on those indulging in hawala transactions and surveyed about 50 banks under money laundering cloud. Sources said the top leadership has given a free hand to raiding teams with a clear message that “no one will be spared” and after India Today TV’s sting on money laundering, the influential and mighty are also in the “suspicious club.”Apart from bank managers, who are the first stop for account opening and transactions still in many parts of the country, data entry operators manage the computers and appropriate software for entering, updating, researching, verifying and retrieving data related to various transactions across systems. In one such case in Noida on Thursday, about 20 fake accounts were detected in an Axis Bank branch, with the company already facing the heat over similar cases.The Income Tax department had raided the bank’s Chandni Chowk branch last week and found Rs 100 crore deposited in 44 fake accounts.

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