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The ED contests that the Kerala government is trying to subvert the case as it hinted at the involvement of several top politicians as well.
More than 100 PFI members were arrested during the multi-agency operation that also involved various state police forces and their anti-terrorist units.
PFI workers staged a protest when the raid took place at the residence of PFI Chairmain OMA Salam in Manjeri.
The official added that it has come to the ED's notice that the said entities were doing business through various merchant IDs/accounts held with payment gateways/banks.
The bench was hearing a plea filed by Congress MP Karti Chidambaram seeking a review of its July 27 judgement in the PMLA case.
The federal probe agency is expected to file a fresh (supplementary) charge sheet or prosecution complaint in this case on Wednesday.
An ED source confirmed the raid, but refused to cite the reason for this development.
KIIFB raised its objection while the court considered its plea that ED has no authority to investigate the alleged FEMA violations.
The depositors had criticized the delayed inspection of the ED long after the fraud was unearthed.
Isaac has sought the quashing of the two summons issued in connection with the dealings of KIIFB.
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