New Delhi: The Enforcement Directorate has intensified its money-laundering investigation into alleged large-scale irregularities in Change of Land Use (CLU) approvals granted to two major real estate projects in Mohali.
The Greater Mohali Area Development Authority (GMADA) Chief Administrator has been summoned to appear before the ED’s Jalandhar Zonal Office on Monday in connection with the probe involving the Suntec City and Altus Space Builders Pvt Ltd projects.
According to the summons issued by the ED, the Chief Administrator or an authorised representative not below the rank of a gazetted officer has been directed to appear before investigators and provide relevant records linked to the approvals under scrutiny.
The development has triggered intense discussion in Mohali’s real estate and administrative circles, as the investigation has now reportedly reached senior officials connected with GMADA and the housing department.
The agency is examining alleged irregularities in the granting of CLU permissions for the two projects, which are now under the scanner as part of the wider money-laundering investigation.
