The Enforcement Directorate (ED) on Thursday evening arrested Punjab CM Charanjit Singh Channi’s nephew Bhupinder Singh Honey Jalandhar in a money laundering.
ED officials arrested Honey under the provisions of the Prevention of Money Laundering Act (PMLA) in connection with an alleged illegal sand mining case.
The ED has seized more than ₹10 crore cash, gold worth above 21 lakh and a Rolex watch worth ₹12 lakh from the residential premises of Bhupinder Singh Honey.
After concluding its two-day raid conducted at the business and residential premises of the accused persons and their associates, the Enforcement Directorate declares it’s recoveries. The raid was conducted in more than dozen places in Mohali, Ludhiana, Rupnagar, Fatehgarh Sahib and Pathankot.
The federal agency’s raids started from 7.30 am till late night on Tuesday and it again went on early Wednesday.
The agency conducted raids at the premises of the accused persons and their associates including Kudratdeep Singh, the owner of Pinjore Royalty Company, and his partners and shareholders Kanwarmahip Singh, Manpreet Singh, Sunil Kumar Joshi, Jagveer Inder Singh.
Meanwhile, on Friday Charanjit Singh Channi said that he has no objections with the law doing its work.
Channi said, “I’ve already said law should do its work. I have no objections with this,” according to news agency ANI.