The Enforcement Directorate (ED) on Monday carried out searches at multiple locations in Delhi and Goa linked to Aam Aadmi Party (AAP) leader Deepak Singla and several others in connection with an alleged money laundering case tied to a bank loan fraud, officials said.
Details of the Raids
According to officials, the searches were conducted at premises associated with Singla, who had contested the Vishwas Nagar assembly seat as an AAP candidate. The ED had previously raided him in 2024 in connection with another investigation. Singla could not be reached for comment immediately.
Separate Investment Fraud Case
In a related development, the central probe agency also carried out searches linked to an alleged investment fraud that reportedly cheated people of around Rs 180 crore. Officials said raids were conducted at the premises of Ram Singh of Babaji Finance Group in Delhi's Subhash Nagar as part of this investigation.
The ED's actions are part of a broader crackdown on financial irregularities, with both cases under active scrutiny. Further details are awaited as the investigations progress.
