Enforcement Directorate Expands Investigation Into Punjab Financial Case

The Enforcement Directorate (ED) has issued summonses to senior officials of the Punjab State Power Corporation Limited (PSPCL) and two alleged associates of arrested Punjab minister Sanjeev Arora in connection with a money laundering case, officials said on Saturday.

According to officials, those summoned include IAS officer and PSPCL Chairman and Managing Director Basant Garg and the corporation’s Director (Commercial) Harsharan Kaur Trehan.

The ED has also summoned Hemant Sood, who runs Ludhiana-based financial investment and stockbroking company Findoc Finvest Private Ltd, along with Chandra Shekhar Aggarwal.

Officials said the individuals have been asked to appear before the agency in New Delhi beginning Monday, May 18.

The summonses were issued under provisions of the Prevention of Money Laundering Act (PMLA), indicating that the agency is examining possible financial transactions and money trails linked to the case.

While officials have not publicly disclosed detailed allegations, the investigation is understood to be connected to financial dealings allegedly involving associates of the arrested minister.

The ED is expected to question the summoned individuals regarding transactions, investments, and financial links relevant to the probe.

The case has drawn attention due to the involvement of senior bureaucrats, power sector officials, and business figures from Punjab.