ED Takes Punjab Minister Into Custody
New Delhi/Chandigarh: Enforcement Directorate has arrested Sanjeev Arora in connection with a major money laundering investigation linked to alleged fake GST transactions and fraudulent financial activities.
Arora currently serves as Punjab’s Minister for Power, Industries, Investment Promotion and Local Government.
Raids Conducted Across Multiple Cities
According to officials, the ED carried out searches at multiple locations in Chandigarh, Delhi and Gurugram before taking Arora into custody.
The raids were part of an ongoing probe into suspected financial irregularities involving fake GST purchases of mobile phones.
₹100 Crore Fraud Under Investigation
Investigators allege that purchases worth over ₹100 crore were shown through fake billing mechanisms in order to claim fraudulent Input Tax Credit (ITC).
The agency is also probing allegations of fund round-tripping and suspected laundering of proceeds generated through the transactions.
Focus on Financial Transactions
Officials stated that digital records and financial documents were examined during the searches. The ED is investigating the money trail and the role of various entities linked to the case.
Investigation Ongoing
Authorities have not yet released detailed findings from the probe. Further questioning and financial analysis are expected as the investigation progresses.
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