Overview
- ED teams, which began searches Wednesday at about 10 sites tied to AAP MP Ashok Mittal, are probing possible violations of the Foreign Exchange Management Act, a law that regulates cross-border financial transactions.
- Searches continued Thursday at Lovely Professional University in Phagwara and at Tetr College of Business and Masters' Union in Gurugram, and investigators recorded preliminary statements from people present.
- Mittal, recently named AAP’s deputy leader in the Rajya Sabha, founded LPU, and his son started the Gurugram colleges now under examination for certain overseas transactions.
- The sweep also covered Lovely Group firms and family residences linked to Mittal, where officers examined electronic and financial records during multi-location checks across Punjab and Haryana.
- Following Wednesday’s operation, ED launched fresh FEMA searches Friday at 13 locations linked to Punjab minister Sanjeev Arora, drawing sharp pushback from AAP leaders who allege political targeting ahead of the 2027 state polls while the agency has not issued a detailed public statement.