Jalandhar, Oct. 31 -- The Enforcement Directorate (ED) has arrested Jaswinder Singh Randhawa, former general manager (personnel) of the Punjab Small Industries and Export Corporation (PSIEC), in a money laundering case linked to the alleged illegal allotment of industrial plots that caused a loss of Rs.8.73 crore to the state exchequer.

Randhawa was produced before a special Prevention of Money Laundering Act (PMLA) court on Friday and was sent to the ED custody till November 2 for further interrogation.

The ED investigation stems from an FIR registered by the Punjab Vigilance Bureau (VB) on March 8, 2024, against six senior PSIEC officials for allegedly abusing their official positions and facilitating the illegal allotment of valuable...