KOCHI: The Enforcement Directorate (ED) has launched an investigation against the Uralungal Society in connection with money laundering. The agency has served a notice asking for details of all financial transactions that took place in the last five years.

The ED had earlier inspected the Uralungal Society in connection with CM Raveendran's benami transactions. Since 2018, the society has been renting a bulldozer worth Rs 80 lakh in the name of Raveendran's wife. The ED found that Raveendran had stakes in 13 companies in Kozhikode and Kannur districts. The agency has issued a notice to Raveendran asking him to appear for questioning on December 10.