Federal police are raiding the offices of the Seven Network in Sydney in relation to alleged payments to convicted drug smuggler Schapelle Corby for interviews.
Channel Seven reporter Damien Smith broke the news of the raid on The Morning Show with Larry Emdur and Kylie Gillies, saying it was "pretty tense times here" with at least a dozen AFP officers raiding the Seven West Media headquarters.
It's believed the AFP raided the Jones Bay headquarters then the network's Redfern base then the Martin Place offices.
"We understand that the search warrant is in relation to a possible proceeds of crime investigation that the AFP is carrying out into dealings between Schapelle Corby and the Sunday Night program."
Seven also reported it was "no secret that Sunday Night has been the front runner in seeking rights to get an exclusive interview with Schapelle Corby following her nine years in jail".
"This search warrant has come at a time when it's a very delicate situation. The Indonesian officials are telling Schapelle that 'you do an interview and you could very well go back to jail'".
In a statement to AAP the Australian Federal Police confirmed it had "executed a number of search warrants in Sydney in relation to an ongoing Proceeds of Crime Act matter".
Seven said the network was cooperating but it was clear AFP officers were "not comfortable with our cameras being there".
"We have heard that the AFP may well be here for the next 24 hours. A very complex investigation."
Corby was last week released on parole in Bali.
