ED's mega raid from Punjab to Chandigarh, crackdown on those close to former Industry Minister Shyam Sundar Arora

New Delhi: The Enforcement Directorate (ED) has tightened its grip from Punjab to Chandigarh to reveal the layers of the alleged empire of corruption and the game of properties. ED has conducted a search operation at the premises of former Punjab Industries Minister Shyam Sundar Arora, his son Prateek Arora and business groups associated with them. This action has created a stir in business and political circles.

Investigation intensified into alleged corruption and disproportionate assets case

This action of ED is part of the investigation being conducted in the case of alleged corruption and disproportionate assets related to the former Industries Minister. The investigating agency is also keeping an eye on alleged irregularities in the allotment of industrial plots of Punjab Small Industries and Export Corporation (PSIEC) and changes in their ownership.

Marbella and Gulmohar Township Group also on ED’s radar

The scope of the search operation also includes properties associated with the Marblela Group, Gulmohar Township Group, their promoters and businessman Sanjeev Juneja. ED is probing links of alleged business relations and property transactions involving the former minister and his family with these groups.

Investigation of irregularities in allotment of industrial plots

The main focus of the investigation is aspects related to violation of rules, change of ownership and alleged corruption in allotment of industrial plots. Further action in the case will be decided after examining the documents and other evidence found during the search. At present, the investigation agency’s action is going on. The role of the concerned parties in this entire matter will become clear only after the findings of the investigation.