ED Tightens Grip: AAP Leader Deepak Singla's Arrest Sparks New Developments

A Delhi court has granted transit remand to the Enforcement Directorate, allowing them to present arrested AAP leader Deepak Singla in a Haryana court on Tuesday. The decision was made late in the evening by Special Judge Sushant Changotra, facilitating the ED's investigation into a major money laundering case.

The arrest of Singla is tied to a Rs 150 crore scam involving the Oriental Bank of Commerce. This development follows targeted raids at locations connected to Singla and various hawala operators in Delhi and Goa. These operations are part of the ongoing investigation into banking fraud and money laundering allegations.

Singla, who has previously been scrutinized in a similar 2024 probe, allegedly participated in defrauding OBC alongside family members. The ED claims these funds were illicitly cycled through shell companies in Singapore and funneled back to India through hawala routes.

(With inputs from agencies.)