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ED raids 12 locations over ₹145 crore municipal funds laundering embezzlement case

Politics
Published on 24 April 2026
ED raids 12 locations over ₹145 crore municipal funds laundering embezzlement case

Municipal embezzlement links former officials and bankers

The Enforcement Directorate carried out raids at 12 locations tied to a ₹145 crore money laundering probe involving alleged embezzlement from the Municipal Corporation, Panchkula. The ED focused on properties linked to former municipal accounts officials and banking personnel, seizing documents and legal agreements that could support the case.

  • ED raids 12 locations in a ₹145 crore laundering investigation
  • Probe targets alleged embezzlement from Panchkula Municipal Corporation funds
  • Raids focused on properties linked to former accounts officials and bankers
  • Documents and legal agreements were seized during the action
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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