The Enforcement Directorate (ED) has conducted raids at 18 locations in north Indian states, including Mohali, Panchkula, Chandigarh, and Himachal Pradesh, as part of an ongoing money laundering investigation related to the Haryana Urban Development Authority (HUDA) refund scam.
The alleged scam, now under the purview of the Prevention of Money Laundering Act (PMLA), revolves around a fraudulent refund scheme amounting to Rs 70 crore within HUDA, which has since been rebranded as ‘Haryana Shahari Vikas Pradhikaran.’
The Enforcement Directorate’s action targeted key locations involved in the alleged financial irregularities. The raids took place in Mohali, Panchkula, and Chandigarh, along with a significant focus on several premises in Himachal Pradesh. Sources within the agency have confirmed that a location in Himachal Pradesh’s Solan district is also under scrutiny.
The investigation has brought the role of at least six HUDA officials into question. The ED is diligently examining their involvement in the purported refund scam that transpired during the tenure of HUDA.
Sources indicate that the Enforcement Directorate is leaving no stone unturned in its pursuit of the truth. The agency is meticulously analyzing financial transactions and relevant documents to establish a clear trail of the alleged money laundering activities linked to the scam.
The Haryana Urban Development Authority, now operating under the name ‘Haryana Shahari Vikas Pradhikaran,’ has been cooperating with the investigative authorities to facilitate a thorough and transparent inquiry. The outcome of this investigation is anticipated to shed light on the extent of the financial irregularities within the public organization.
As the investigation progresses, more details are expected to emerge, shedding light on the intricate web of financial transactions and individuals implicated in the HUDA refund scam. The Enforcement Directorate remains steadfast in its pursuit of justice, ensuring that those responsible for the alleged financial misconduct are brought to account.