The Enforcement Directorate (ED) on Thursday conducted searches in Chennai and Hyderabad as part of a money laundering probe into an alleged Rs 200 crore bank fraud and benami assets probe against Sasikala, a close aide of late Tamil Nadu CM J Jayalalithaa, and some others, officials said.

At least ten premises in the two cities linked to a person named GRK Reddy of the Marg group, claimed to be an alleged benami of Sasikala, are being raided under the provisions of the Prevention of Money Laundering Act (PMLA), they said.