NOB-Hyderabad news: Enforcement Directorate searches continue for the second day in Hyderabad city. These raids, carried out by the ED with the aim of curbing financial crimes in the country, have brought to light many sensational facts.The seizure of a large amount of cash from the residence of Surana Industries MD Narendra Surana is particularly disturbing. In the preliminary investigation of the ED, it was found that Narendra Surana had formed several shell companies and used the loans obtained from banks for illegal business purposes through these.In addition to transferring funds to these shell companies, the officials found that a huge amount of money was invested in real estate companies. The ED is investigating this matter in more depth.Another key incident in these searches was the seizure of a large amount of cash from the house of Satish of Sai Surya Developers. Cash in crores was also seized from the offices of Sai Surya companies.It is known that the Cyberabad police had arrested Satish earlier. The police had registered a case of fraud in the Vatti Nagulapalli area by collecting money from the public in the name of Venture.Keeping this case in mind, ED officials have launched an investigation against Sai Surya Developers. They are already collecting details of several bank transactions and properties belonging to the company. Overall, the officials believe that steps are being taken to crack down on financial crimes across the city with the ED raids.The fact that cash and shell company transactions have come to light in the ED searches is adding to the suspense of this investigation as it is linked to existing police cases. More key matters are likely to come to light in the coming days.