Three lockers have also been frozen during the search operations apart from seizure of "incriminating" records relating to Singh, his wife and the Imperial Group, said ED.
The Enforcement Directorate (ED) has uncovered more than Rs 80 crore worth of undisclosed foreign assets linked to Imperial Group Chairman Manvinder Singh and his wife during raids in Delhi and Himachal Pradesh.
On September 19 and 20, the ED carried out major operations across six locations in Delhi and Himachal Pradesh. The raids targeted properties connected to Manvinder Singh, his wife Sagari Singh, and their associates.
ED Raids Imperial Group Chairman Linked Properties
The action was taken under the Foreign Exchange Management Act (FEMA), revealing undisclosed foreign assets exceeding Rs 80 crore. The E