The Enforcement Directorate is conducting raids at the Lovely Professional University in Phagwara, owned by AAP MP Ashok Kumar Mittal, who recently replaced Raghav Chadha as the party's Rajya Sabha deputy leader.
The ED action is related to an investigation into alleged violations of the Foreign Exchange Management Act (FEMA) and was launched early in the morning on Wednesday.
Raids are being carried out at the university campus, sweets shops, lovely autos, a distance education centre, and the homes of owners, including Ashok Mittal.
AAP leaders Arvind Kejriwal and Bhagwant Mann have hit out at the BJP-led government, calling the probe agency action a 'preparation' ahead of Punjab elections.
