India News | Punjab: ED Conducts Raids in Money Laundering Case Linked to Guava Orchards Compensation 'scam'
Get latest articles and stories on India at LatestLY. The Enforcement Directorate (ED) on Wednesday conducted searches at multiple locations in Punjab in connection with a money laundering case linked to an alleged guava orchards compensation "scam", official sources said.
Chandigarh, Mar 27 (PTI) The Enforcement Directorate (ED) on Wednesday conducted searches at multiple locations in Punjab in connection with a money laundering case linked to an alleged guava orchards compensation "scam", official sources said.
The ED case was registered after the federal agency took cognisance of a Punjab Vigilance Bureau FIR pertaining to alleged embezzlement of nearly Rs 137 crore released as compensation for guava orchards on land acquired by the Greater Mohali Area Development Authority (GMADA).
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The premises of some senior government officials and some private persons are being covered, the sources said.
The Punjab Vigilance Bureau had arrested a number of people, including some horticulture department officials, in this case, they said.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)