The VB also claimed that the funds were channeled into Saraya Industries, further pointing towards systematic laundering of drug money.
Majithia Arrested in Rs 540-Crore Drug Money Laundering Case: Vigilance Bureau Punjab
Chandigarh, June 25, 2025: In a major breakthrough in the investigation of drug-linked financial crimes, the Punjab Vigilance Bureau, in coordination with the Special Investigation Team (SIT), has unearthed a massive money laundering operation worth over Rs 540 crore allegedly facilitated by Shiromani Akali Dal (SAD) leader and former Punjab minister Bikram Singh Majithia.
According to an official spokesperson of the Vigilance Bureau (VB), a case has been registered following the findings of SIT probing FIR No. 02 of 2021, registered under various sections of the NDPS Act at the Punjab State Crime Police Station, SAS Nagar.
The probe revealed that huge amounts of drug money were funneled through shell companies and foreign entities, allegedly under Majithia’s influence during his tenure as an MLA and Cabinet minister. The breakdown of the illicit funds includes:
• Rs 161 crore in unaccounted cash deposits in bank accounts of companies controlled by Majithia,
• Rs 141 crore allegedly routed through suspected foreign entities,
• Rs 236 crore deposited in company financials without disclosure or explanation,
• Acquisition of multiple movable and immovable assets by Majithia without any legitimate source of income.
The VB also claimed that the funds were channeled into Saraya Industries, further pointing towards systematic laundering of drug money.
Extensive searches and seizures have been conducted at 22 individuals by the SIT and 3 locations by the Vigilance Bureau. The raids yielded: Over 30 mobile phones, 5 laptops, 3 iPads, 2 desktops, multiple property documents, diaries, and documents linked to Saraya Industries.
The Vigilance Bureau stated that Majithia and his wife Genieve Kaur had seen a substantial increase in assets, for which no legitimate source of income has been disclosed.
Majithia was arrested in accordance with the law and due legal procedures, said the spokesperson, who also confirmed that investigations are ongoing. More arrests, seizures, and searches are expected in the coming days as authorities prepare to present the evidence before a court of competent jurisdiction.
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