CLU Scam: ED Arrests Real Estate Promoter, Probes GMADA Officials over Kickbacks
ED says fake consent letters helped secure approvals for Suntec City and related projects, with sales exceeding Rs 200 crore, officials said.
- On Friday, the Enforcement Directorate arrested real estate businessman Ajay Sehgal, secretary of the Indian Cooperative House Building Society , in Jalandhar under the Prevention of Money Laundering Act .
- A Punjab Police FIR triggered the investigation after farmers alleged that consent letters for 30.5 acres of Suntec City land were "forged" to obtain Change of Land Use approvals from the government.
- Sehgal allegedly developed the La Canela residential complex and District 7 commercial project using falsified CLU permissions, generating over Rs 200 crore in sales despite lacking Real Estate Regulatory Authority approvals.
- The ED claims Sehgal failed to transfer plots meant for Economically Weaker Sections to the Greater Mohali Area Development Authority and manipulated legal actions to prevent full CLU revocation for Suntec City.
- Investigators are probing potential kickbacks and involvement of senior officials within the Department of Town and Country Planning and GMADA, with the agency indicating more arrests are likely as the probe continues.
11 Articles
11 Articles
ED Arrests Ajay Sehgal In Punjab Suntec City CLU Scam Investigation
The ED arrested Sehgal, secretary of the Indian Cooperative House Building Society, in a money laundering case linked to forged consent letters used for obtaining CLU approval for the Suntec City project in Punjab.
ED Jalandhar makes an arrest in GMADA and change of land use scam
Directorate of Enforcement (ED), Jalandhar, has arrested Ajay Sehgal, Secretary, Indian Cooperative House Building Society, in a money laundering case related to submission of fake consent letters for fraudulently obtaining Change of Land Use (CLU) for the Suntec City project from the Government of Punjab.
Inside the Rs 200 crore Punjab land ‘scam’: Fake farmers, flying cash, and a major arrest by ED
ED stated that its investigation found Ajay Sehgal, secretary of the Indian Cooperative House Building Society, prepared fake consent letters concerning 30.5 acres of land owned by 15 landowners.
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