Raids are being conducted at many places under the Prevention of Money Laundering Act: Sources
NEW-DELHI: The Enforcement Directorate has conducted raid at the residence of some associates of Aam Aadmi Party leader and MP Sanjay Singh in the national capital in connection with an investigation into a money laundering case related to alleged irregularities in Delhi's excise policy. Sharing a video message on Twitter, the AAP leader said that the homes of two of his colleagues were being raided by the federal agency.
He said, "Modi's bullying is at its peak. I am fighting against Modi's dictatorship. ED's fake investigation was exposed in front of the whole country. ED admitted its mistake. When nothing was found, ED carried out searches at the houses of my colleagues Ajit Tyagi and Sarvesh Mishra." Sanjay Singh also said that Sarvesh Mishra's father is suffering from cancer.
Sources said that raids are being conducted at many places under the Prevention of Money Laundering Act. The case relates to alleged corruption in the formulation and implementation of the now-cancelled Delhi Excise Policy 2021-22.
The ED and CBI alleged that there was a conspiracy to grant licenses to liquor traders under the Delhi Excise Policy 2021-22 and favor some traders who allegedly paid bribes for it. However, AAP has denied these allegations.