drug money laundering

29 Jun

Bikram Majithia to Be Taken to Multiple Sites in Drug Money Laundering Probe

Gurpreet Singh0 CommentsPunjabBikram Majithia, drug money laundering, Himachal Pradesh, Punjab

Chandigarh, June 29, 2025 — In a significant escalation of the probe into alleged drug money laundering, enforcement agencies are set to escort senior Shiromani Akali Dal (SAD) leader Bikram Singh Majithia to multiple locations across Punjab and Himachal Pradesh on Monday for verification linked to the ongoing investigation.Sources said the probe has gained momentum following fresh statements from several key witnesses, which have led authorities to identify new sites requiring physical verification to substantiate evidence gathered so far.Officials confirmed Majithia will be taken to various locations to cross-check details connected to financial transactions and logistical networks suspected of being…

26 Jun

Majithia Sent to 7-Day Vigilance Remand in ₹540 Crore Drug Money Laundering Case

Gurpreet Singh0 CommentsPunjabBikram Singh Majithia arrest, drug money laundering, Punjab Vigilance Bureau

Chandigarh, June 26, 2025 — A Mohali court on Thursday remanded Shiromani Akali Dal leader Bikram Singh Majithia to seven days of vigilance custody, a day after his arrest by the Punjab Vigilance Bureau in connection with an alleged ₹540 crore drug money laundering racket. The case stems from FIR No. 02 of 2021 registered under the Narcotic Drugs and Psychotropic Substances (NDPS) Act.According to public prosecutor Ferry Sofat, Majithia failed to account for the massive sum, with investigations showing that ₹161 crore in unaccounted cash had been deposited into companies he controlled, ₹141 crore was routed through foreign entities,…