According to Media Sources, The Enforcement Directorate has arrested Punjab Cabinet Minister Sanjeev Arora in connection with an alleged money laundering case involving Hampton Sky Realty Limited. Earlier, the ED had conducted operations at five locations in Delhi, Gurugram and Chandigarh in connection with the case. The action was taken under the criminal sections of the Prevention of Money Laundering Act (PMLA) 2002.
As Per Media Sources, The agency had informed that the case pertains to alleged large-scale money laundering through fake GST purchases of mobile phones worth over 100 crore rupees and subsequent exports to round-trip illegitimate funds from Dubai to India. The ED reportedly obtained multiple fake GST purchase bills from non-existent firms based in Delhi to claim fake Input Tax Credit, GST refund on export credit and duty drawback benefits. According to the agency, the transactions caused substantial loss to the exchequer and resulted in wrongful personal enrichment.
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