ED Cracks Down on Haryana MLA Rao Dan Singh in Rs 1,392.86 Crore Money Laundering Case

The Enforcement Directorate (ED) seized Rs 1.42 crore in cash and documents of over 30 undisclosed flats and land from Haryana Congress MLA Rao Dan Singh, his son, and connected businesses. The action is part of a bank-loan fraud-linked money-laundering probe involving misappropriation of over Rs 1,392.86 crore.

The Enforcement Directorate (ED) reported seizing Rs 1.42 crore in cash and documents related to more than 30 undisclosed flats and land during raids on Haryana Congress MLA Rao Dan Singh, his son, and related business entities. The searches are part of an ongoing investigation into bank-loan fraud and money laundering.

The raids took place in various locations, including Mahendragarh, Gurugram, Delhi, and Jamshedpur. Entities linked to Singh included companies like Suncity Projects Private Limited and Allied Strips Limited (ASL), which manufactures cold roll steel products.

The investigation stems from a CBI FIR that accused the suspects of siphoning funds, criminal misappropriation, and causing a wrongful loss of over Rs 1,392.86 crore to banks. Rao Dan Singh is a four-term MLA and recently contested in the Lok Sabha polls.

(With inputs from agencies.)