A court in Gurugram remanded Punjab industries minister Sanjeev Arora in the Enforcement Directorate’s custody for a week in connection with a multi-crore GST fraud-linked money laundering case.
The order was passed by district and sessions judge Narender Sura after ED arrested Arora from his official residence in Chandigarh’s Sector-2 on Saturday.
The ED registered an ECIR against Arora and three others in Gurugram on May 5 for alleged involvement in laundering ₹157.2 crore by showing export of mobile phones from May 2023 to October 2023 via a real estate firm based in Udyog Vihar to foreign countries.
The agency has alleged that multiple shell firms were used for showing the exports at least 44,000 mobile phones mostly iPhone during the period when Arora was the chief managing director of the firm.
The court observed that the allegations against Arora were serious and ED has a valid ground for custodial interrogation to decode money trail, roles of accused and proceeds of crime.
