‘Rs.10 cr., Incriminating Papers Seized’ in Punjab Raids

The Enforcement Directorate seized Rs.10 crore and ‘incriminating documents’ which allegedly links a nephew of Punjab chief minister Charanjit Singh Channi with shell companies, people familiar with the matter told ET.

ED had searched around a dozen locations in Punjab, including the Mohall residence of Bhupinder Singh Honey, Channi’s nephew, in connection with ‘illegal sand mining’, Premises of six mining contractors too were searched. The searches were completed early Wednesday morning.

ED took away several documents and electronic devices, they said. Rs.8 crore was found in Honey’s residence and Rs.2 crore in premises linked to a person identified as Sandeep Kumar, it is learnt. They also claimed ED seized gold worth more than Rs.21 lakh.

It was alleged that Bhupinder Singh Honey had floated Punjab Realtors to secure sand mining contracts. They said Punjab Realtors was a small company and ED would probe how it procured contracts worth crores of rupees. Honey’s links with an individual named Kudrat Deep Singh is being probed, it is learnt. Singh had set up Provider Consultancy Services of which he, Honey and Sandeep Kumar were directors.

ED’s searches were conducted on the premises of Kudrat deep Singh, Pinjore Royalty Company and its partners/shareholders Kanwarmahip Singh, Manpreet Singh, Sunil Kumar Joshi, Jagveer Inder Singh, Randeep Singh, Providers Overseas Consultants and its other directors/shareholders, including Honey and Kumar in Mohali, Ludhiana, Rupnagar, Fatehgarh Sahib and Pathankot.

ED is likely to summon people connected with documents and material it seized soon. The search comes with a month left for Punjab assembly polls. Channi has alleged that the searches were driven by the BJP administered Centre and they were similar to searches against West Bengal CM Mamata Banerjee’s Kin before polls in West Bengal.

ED had registered a case under provisions of the Prevention of Money Laundering Act last November based on a FIR field by the Punjab Police. S-ET

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