Sunday | Apr 27 2025 | 11:51:24 AM
New Delhi, April 16
The Enforcement Directorate (ED) conducted searches at the Jaipur residence of Congress leader Pratap Singh Khachariyawas, the former transport minister in the Ashok Gehlot government.
The searches are said to be linked to the alleged Pearl Agro Corporation Limited (PACL) scam.
Khachariyawas had appeared before ED and was questioned for several hours over his family’s alleged involvement in the PACL case in related land transactions on the border.
The money laundering probe arose from a 2015 Central Bureau of Investigation (CBI) FIR against PACL India Ltd, PGF Ltd, late PACL promoter Nirmal Singh Bhanghu and others, accusing them of operating “fraudulent” investment schemes to defraud investors.
With these schemes, PACL and its top officials defrauded the investors of about Rs 48,000 crore.The ED has attached assets worth Rs 706 crore, including two immovable properties worth Rs 462 crore in Australia, and filed two chargesheets against PACL, Bhangoo and others. While, Bhangoo died in August last year.
