NEW DELHI: ED has summoned Raninder Singh, son of former Punjab CM Amrinder Singh, in connection with its probe into alleged forex contraventions and holding of untaxed foreign assets.
Sources said Raninder has to explain the alleged movement of funds to Switzerland and creation of a trust and a few subsidiaries in tax haven of British Virgin Islands.
Meanwhile, AAP MP Bhagwant Mann on Sunday said that the summoning of Raninder Singh by Enforcement Directorate (ED) on June 16 vindicates the party’s charge against Amarinder and his family for being neck deep in corruption.
Mann said that Amrinder has no moral authority to continue in politics after ED has summoned his son Raninder Singh for foreign exchange management act violations, in which he (Amarinder) is also named.
In March, AAP had made revelations about Amarinder’s family’s swiss bank accounts in which lakhs of dollars were transferred when the latter was chief minister of Punjab from 2002 to 2007. Mann said the documents procured by AAP clearly indicated that his son Raninder Singh and MLA wife Preneet Kaur opened bank accounts in Switzerland to transfer money.