Chandigarh, October 7
The ED carried out raids in Faridkot, Ludhiana and Mansa on Friday as part of the money laundering investigation into the Delhi excise policy scam.
Raids have taken place at various locations linked to leading liquor baron Deep Malhotra, whose company had bid for three-party liquor sales in Delhi.
Led by a female officer, an emergency team reached the residence of former MP Shiromani Akali Dal, Deep Malhotra, in Faridkot around 8am. While no member of the Malhotra family was present at the time of the ED raid, the agency conducted the search in the presence of a neighbor. The team also interviewed a CA in the city and collected copies of some documents related to Malhotra’s alcohol trade in the area.
ED raided Deep Malhotra’s warehouse-office in Gurdev Nagar and other locations in Ludhiana. An alcohol company, Brindco, which sold and distributed alcohol in Punjab and Delhi in which the SAD MLA is believed to have financial stakes, was under ED scanning.
It was learned that the ED was also looking into the role of some senior officials of the Punjab Excise Department for their “involvement” in granting favors to the Malhotra Company which held a significant share of the liquor business in Punjab.
A team of ED detectives raided the residential premises of an associate of Malhotra in Mansa. The raid lasted four hours. “I worked with the firm of Deep Malhotra. Today, the ER raided my house. They were looking for a checkbook and documents, but they didn’t get anything like that from my house,” Raj Kumar told media.