Days after searching 14 locations in Punjab and Chandigarh, the Enforcement Directorate (ED) on Friday alleged that Sunder Sham Arora, during his tenure as Punjab industries and commerce minister from March 2017 to September 2021, extended undue favours to private real estate players in the transfer of high-value industrial plots belonging to the Punjab Small Industries and Export Corporation (PSIEC), which he directly controlled.

The ED further alleged that Arora acquired stakes in real estate companies in the name of his son Parteek Arora.

The findings form part of a money laundering investigation, in which the ED on November 2 and 3 searched 14 locations, including Arora’s residence in Hoshiarpur, Shivam Hospital and locations linked to SRG Builders and Promoters Pvt Ltd, GRG Developers and Promoters LLP and Gulmohar Township India Pvt Ltd, besides their promoters, directors and associates.

The searches resulted in the recovery and seizure of mobile phones, incriminating documents, property documents,…