India, May 9 -- The Enforcement Directorate (ED) raided five locations, including the official residence of Punjab power and industries minister Sanjeev Arora in Chandigarh, on Saturday in connection with the Rs.157.12-crore goods and services tax (GST) and export fraud.
The crackdown spanned five locations in New Delhi, Gurugram, and Chandigarh, including the corporate offices of Hampton Sky Realty Limited. Residential premises belonging to Arora's close associates were also searched.
This marks the third time this year-and the second time in less than a month-that federal investigators have searched Sanjeev Arora's properties.
Allegations of export fraud
According to ED sources, the investigation centres on a sophisticated Rs.157.12...
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