Chandigarh, May 27 -- The Enforcement Directorate (ED) on Wednesday continued its search operations at multiple premises linked to Chandigarh Royale City Promoters Pvt Ltd (CRCPL) and the Royale Estate Group across Punjab and Chandigarh in connection with an alleged money laundering and real estate fraud case.
Officials said the raids have been underway since Tuesday morning at several locations in Chandigarh, Mohali and Zirakpur. One of the key searches was conducted at the Sector-20 residence of real estate businessman Praveen Kansal alias Rocky, who is associated with the "Chandigarh Royal City" project in Zirakpur.
According to sources, ED teams reached the Sector-20 premises at around 7 am on Tuesday and continued examining financial...