Ashish Kapoor, former AIG of Punjab Police, under ED scanner in money laundering case
New Delhi, May 17:The Enforcement Directorate (ED) has attached assets valued at ₹1.29 crore belonging to Ashish Kapoor, a former Assistant Inspector General (AIG) of Punjab Police, in connection with an ongoing money laundering investigation linked to alleged extortion.
According to a statement released on Saturday, the central agency carried out the attachment under the provisions of the Prevention of Money Laundering Act (PMLA). The attached properties are estimated to be worth ₹1.29 crore.
The money laundering case is based on two FIRs registered by the Punjab Police, which accuse Kapoor of extorting money from individuals while they were in police custody and later during their time in jail.
Investigations revealed that Kapoor allegedly received cash and gold jewellery from the accused and their family members. These transactions are now under scrutiny as part of the probe into illicit financial gains and abuse of official position.
The ED's action marks a significant development in efforts to clamp down on corruption and money laundering involving public officials.
