ED Raids Former Haryana Minister Gopal Kanda Over Real Estate Fraud
· India · The Hindu, Hindustan Times
The Enforcement Directorate conducted searches at the residence, farmhouse, and office of former Haryana Minister Gopal Kanda in Gurugram on September 17, 2026. The raids are part of a money laundering investigation involving the real estate firm Vatika Limited. Officials allege the company collected ₹248.46 crore from 661 investors for commercial projects without delivering possession or executing sale deeds. Investigators are currently tracking the money trail, suspecting that funds diverted from the realty firm were transferred to various companies linked to Kanda. The probe focuses on the alleged inducement of investors through false promises of timely possession and assured returns.
Why it matters
The investigation directly impacts 661 investors who have yet to receive their promised properties or refunds, while also drawing scrutiny to the financial dealings of a former high-ranking state official.
Read the original report — The Hindu
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