Ludhiana, May 9 -- Hampton Sky Realty Limited, linked to businessman and Punjab Minister Sanjeev Arora, on Saturday issued an official statement in response to the Enforcement Directorate (ED) action and his arrest, asserting that it has "full faith in the judiciary and the legal process."

Presenting its position on the allegations, the company said it entered the mobile phone export business in May 2023 in line with the Government of India's "Make in India" initiative and the Production Linked Incentive (PLI) scheme. It added that the UAE remains a major market for Indian mobile exports.

"Company presenting its position regarding the Enforcement Directorate (ED) action and the allegations against it. We have full faith in the judiciary...