Mohali, May 23 -- A team of the Enforcement Directorate (ED) on Thursday conducted search operations at various locations in Mohali, Punjab, against Bajwa Developers Ltd., its managing director Jarnail Singh Bajwa, and its associates under the provisions of PMLA, 2002 in Mohali. This was part of an ongoing investigation against M/s Bajwa Developers Limited and Jarnail Singh Bajwa.

ED claimed that during the search operations, various incriminating documents, cash amounting to Rs.42 lakh, and four luxury vehicles were recovered and seized. Various personal bank accounts of directors and family members, as well as various bank accounts of the companies, have been frozen.

ED, while sharing this information on Twitter, further claimed that ...