Punjab minister Sanjeev Arora arrested hours after ED raids in money laundering case
PTC News Desk: In a significant development, Punjab Power, Industries, Investment Promotion and Local Government Minister Sanjeev Arora was arrested by ED on Saturday hours after it conducted raids at his premises in money laundering case, according to sources.
Arora has been one of the most instrumental minister in the Bhagwant Mann-led cabinet who was largely responsible for building ties between the AAP government and state’s industrialists.
“ED had detected a case of large scale money laundering done by Sanjeev Arora through his company in fake GST purchases of mobile phones of more than Rs 100 crore and subsequent exports to round trip illegitimate funds from Dubai to India. Multiple fake GST purchase bills have bene obtained from non existing firms in Delhi to claim fake ITC and Also refund of GST on export credit and also duty draw back , there causing loss to exchequer and personal enrichment,” said the official in ED.
Earlier in the day, the ED sleuths raided Arora's official residence in Chandigarh at 5 am. Around eight vehicles of ED officials were seen parked outside the residence during the operation.
In April, the ED had carried out raids on Arora and firms associated with him under the civil provisions of the Foreign Exchange Management Act (FEMA).
At the time, Arora had said he would cooperate fully with investigating agencies and expressed confidence that the truth would come out. The Sanjeev Arora had also faced ED raids in 2024 in connection with a money laundering case linked to the alleged misuse of industrial land for residential projects.
- PTC NEWS
