ED raids in 3 states in money laundering probe against HP CM


New delhi,November 20: Enforcement Directorate sleuths on Friday conducted searches at about a dozen premises spread over three states in connection with its money laundering probe against Himachal Pradesh chief minister Virbhadra Singh.

Raids were carried out in Delhi, Mumbai and Kolkata on some associates of Singh and those named in the FIR registered by the agency in the national capital recently.

ED filed the money laundering case against Singh under provisions of the Prevention of Money Laundering Act after taking cognisance of a criminal complaint filed by the CBI in this regard in September.

CBI suspects that during the 2009-11 period, Singh allegedly invested Rs 6.1 crore in life insurance policies in his and his family members' names through LIC agent Chauhan,claiming this money to be his agricultural income.

It is alleged Singh attempted to legitimise the same as agricultural income by filing revised Income-Tax returns in 2012.

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