ED raids Archives - National Times

09 Jun

AAP Alleges Misuse of ED Against Punjab Traders, Targets BJP and Congress

Gurpreet Singh0 CommentsPunjabAAP, Arvind Kejriwal, Bhagwant Mann, ED raids, Enforcement Directorate, Manish Sisodia, Punjab Traders

New Delhi/Punjab (Gurpreet Singh): The Aam Aadmi Party (AAP) and its Punjab Government strongly condemned fresh ED (Enforcement Directorate) raids on traders in Punjab on Tuesday, revealing that central agencies are being used to target and intimidate the state's business community. Describing traders as the backbone of Punjab’s economic growth, the Punjab Government reaffirmed its support for them.Meanwhile, AAP National Convenor Arvind Kejriwal called out the BJP-led Centre for harassing Hindu traders through repeated ED action. The party asserted that Punjab’s traders should not feel intimidated and said the entire state and the Punjab Government stand firmly with them.AAP National…

09 Jun

Punjab Politics Heats Up Over ED Action; Mann, Kejriwal Accuse Centre of Targeting Traders

Gurpreet Singh0 CommentsPunjabED raids, Punjab News

Gurpreet Singh :- Enforcement Directorate (ED) searches in Punjab’s major commercial centres have sparked a sharp political confrontation, with Chief Minister Bhagwant Mann accusing the Centre of using investigative agencies to target the state’s business community. Reacting to the raids conducted in Jalandhar and Ludhiana, Mann said Punjab’s traders and entrepreneurs have played a vital role in driving the state’s economic growth and contributing to the vision of a prosperous Punjab. He alleged that central agencies were being misused to create pressure on businessmen and bring them under political influence, asserting that the people of Punjab would not tolerate such…

10 May

AAP launches statewide protests in Punjab against BJP following ED action on Sanjeev Arora

Gurpreet Singh0 CommentsPunjabAAP, BJP, ED raids, Harpal Cheema, Punjab, Sanjeev Arora

Chandigarh (Gurpreet Singh): The Aam Aadmi Party (AAP) on Sunday launched statewide protests against the BJP-led Central Government, asserting that the BJP is misusing central agencies like the Enforcement Directorate (ED), CBI and Income Tax Department to target opposition leaders and destabilize non-BJP governments. AAP leaders and karyakartas staged demonstrations and gheraoed BJP offices at district headquarters across Punjab, raising slogans against Narendra Modi and the BJP government over the ED action against Cabinet Minister Sanjeev Arora. The protests were held in districts including Hoshiarpur, Patiala, Mohali and several other parts of Punjab, where AAP leaders noted that the BJP…

30 Apr

ED freezes Rs 1.4 crore after raids across 11 premises linked to Harcharan Bhullar in money laundering probe

Gurpreet Singh0 CommentsIndiaDIG Harcharan Singh Bhullar, ED raids

Gurpreet Singh :- The Enforcement Directorate (ED) has seized ₹1.4 crore and recovered key documents related to alleged money laundering involving suspended Punjab Deputy Inspector General of Police Harcharan Singh Bhullar, a senior ED official told The Tribune on Wednesday. Search operations were conducted on Monday at 11 locations across Chandigarh, Ludhiana, Patiala, and Jalandhar. These raids, carried out by the ED’s Chandigarh Zonal Office under the Prevention of Money Laundering Act, targeted properties linked to Bhullar, his associates such as property dealers, and suspected “benamidars.” Officials said investigations are ongoing to uncover links between property dealers, intermediaries, and public…

13 Feb

ED Freezes ₹170 Crore in Shell Company Accounts Linked to QFX Trade Ltd Forex Scam

Rajeev Sharma0 CommentsBusinessED raids, forex trading fraud, QFX Trade Ltd, YFX scam

New Delhi, February 13, 2025: The Enforcement Directorate (ED) has frozen movable properties worth ₹170 crore, including balances in over 30 bank accounts linked to shell companies, in connection with a massive forex trading scam operated by QFX Trade Ltd. The crackdown follows raids conducted on February 11 under the Prevention of Money Laundering Act (PMLA), 2002, in Delhi, Noida, Rohtak (Haryana), and Shamli (Uttar Pradesh). The scam, orchestrated through multi-level marketing (MLM) tactics, involved directors Raiender Sood, Vineet Kumar, Santosh Kumar, and Nawab Ali alias Lavish Chaudhary, who promised investors high returns on forex trading.The investigation revealed that QFX…