The Enforcement Directorate (ED) has seized ₹32 lakh in cash and foreign exchange worth $10,000 from the official residence of Trinamool Congress MP K.D. Singh in Delhi.
“Searches were carried out on Thursday at seven locations in Delhi and Chandigarh, including the offices of 14 group companies of Alchemist Group related to, and controlled, by Mr. Singh,” the ED said.
The ED said several documents “reflecting circular nature of transactions, digital evidence and property documents” have been seized.
Mr. Singh -- through Alchemist Township India Limited and Alchemist Holdings Limited -- had raised huge amounts of money from thousands of customers in the garb of investments by offering them high returns and also against sale of plots and flats, the agency said.
