New Delhi, May 18 -- Searches have been conducted at the Delhi and Goa premises of Aam Aadmi Party member and ex MLA candidate, Deepak Singla, and other alleged hawala operators, officials said on Monday.

The Enforcement Directorate (ED) on Monday arrested Singla in connection with an alleged bank fraud case.

Officials said it has been gathered from reliable sources that Deepak Singla is allegedly handling the hawala operations for the movement of funds for Aam Aadmi Party between Delhi and Goa.

The officials said that Deepak Singla along with his uncle Ashok Kumar Mittal and brother Raman Singla and Harish Singla, allegedly defrauded Oriental Bank of Commerce more than 150 crore.

"The money was sent to controlled firms in Singapore. ...