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ED Expands PACL Scam Probe with Raids on AAP MLA Kulwant Singh’s Properties

The Enforcement Directorate conducted searches at Kulwant Singh's Mohali residence and 15 other locations, interrogating his family as part of a ₹48,000 crore money laundering investigation.

The MLA was not present, but his family members were questioned. (HT)

Overview

  • The Enforcement Directorate (ED) raided AAP MLA Kulwant Singh's Mohali residence as part of an ongoing probe into the ₹48,000 crore PACL scam.
  • Singh, a prominent real estate developer and owner of Janta Land Promoters Limited, was not present during the raids, but his family members were questioned by ED officials.
  • The PACL scam involves allegations of investor fraud, with funds reportedly siphoned off through shell companies, withdrawn as cash, and moved overseas via hawala networks to purchase properties.
  • Searches were simultaneously conducted at 15 locations across Punjab, Haryana, Rajasthan, and Delhi, highlighting the broad scope of the investigation.
  • Singh had previously been questioned by the ED in a separate money laundering case linked to alleged drug trafficking, further intensifying scrutiny around his financial dealings.