Overview

• ED teams searched 37 contractor and private entity locations across Delhi and the NCR on June 18 under a Prevention of Money Laundering Act investigation.
• The probe stems from an April 30 Anti-Corruption Branch FIR alleging financial irregularities totalling around Rs2,000 crore in constructing over 12,000 classrooms or semi-permanent structures.
• Investigators contend that inflated costs drove per-classroom spending to Rs24.86 lakh compared with standard norms of Rs5 lakh and that procedural lapses facilitated misuse of funds.
• The project was awarded to 34 contractors, many reportedly linked to the AAP, and consultant and architect appointments bypassed due process despite CVC-flagged violations.
• AAP leaders Manish Sisodia and Satyendar Jain deny wrongdoing, calling the raids politically motivated and vowing to cooperate only under lawful summons.