SDPI National President MK Faizy Arrested in Money Laundering Investigation
The Enforcement Directorate detained Faizy, linked to the banned Popular Front of India, under the Prevention of Money Laundering Act.
- MK Faizy, the national president of the Social Democratic Party of India (SDPI), was arrested by the Enforcement Directorate (ED) late Monday night at Delhi airport.
- The arrest is part of an ongoing investigation into alleged financial transactions linked to the now-banned Popular Front of India (PFI).
- The ED previously raided Faizy’s residence in Kerala on February 28, as part of its probe under the Prevention of Money Laundering Act (PMLA).
- The PFI, banned in 2022 for alleged terror funding and radicalization activities, was previously associated with the SDPI, though the SDPI denies formal ties.
- The ED claims PFI used international networks and illegal channels to funnel funds into India for activities undermining national security.