They said the department initiated action on the basis of inputs of huge cash transactions taking place and the business group's alleged links to these transactions
Kumaraswamy had told the media on March 27 that there was every likelihood of raids as a large number of central security forces had arrived at Kempegowda International Airport (KIA).
Evidence has also been found with in respect of cash expenses to the tune of Rs 20 crore, according to the statement.
Restaurants left untouched, only offices targeted; around 100 I-T personnel involved in the search
Besides the cash, three kg of gold was also recovered