Breaking: ED raids prominent builder's residence in Mohali
Ravi Jakhu
Mohali (Punjab), April 15, 2025: The Enforcement Directorate (ED) conducted a search operation today at the residence of Aam Aadmi Party (AAP) MLA Kulwant Singh, who is also a prominent builder in Mohali. The raid is reportedly linked to the ongoing investigation into the high-profile Pearls Agrotech Corporation Limited (PACL) scam.
The directors of PACL had allegedly siphoned off investors' funds by transferring them to shell companies at various places. These funds were then withdrawn in cash and handed over to key associates of PACL before being transferred to companies outside India through hawala to purchase properties.