The Enforcement Directorate (ED) raids former Haryana minister Gopal Kanda’s properties in connection with a money laundering investigation tied to alleged real estate fraud. The searches include his home in Gurgaon and a farmhouse in Vatika, according to reporting by multiple outlets.
The ED is investigating four real estate projects associated with the case, involving the collection of ₹248.46 crore from 661 investors. Authorities allege that investors are not given possession or the promised sale deeds in relation to these projects. One ED account says these transactions remain incomplete despite the funds collected.
Media reports describe the broader focus as tracing a suspected “money trail,” including alleged diversion of company funds to other entities linked to Kanda. Outlets generally agree the raids are aimed at gathering evidence and verifying the alleged movement of funds connected to the alleged fraud and PMLA case, but differ in how they emphasize the scale of the investor pool versus the suspected route of diverted money through linked entities.
