New Delhi: The Enforcement Directorate (ED) on Wednesday arrested Former Trinamool Congress MP KD Singh from the national capital allegedly in connection with a money laundering case, sources said. The former leader was reportedly held on Tuesday and will be produced in court today. Also Read - Shatabdi Roy Meets Mamata's Nephew Abhishek Banerjee, Says She Is Not Leaving TMC
ED said Singh has been placed under arrest under sections of the Prevention of Money Laundering Act (PMLA). Also Read - Subhra Kundu, Wife of Rose Valley Group Chief Gautam Kundu, Arrested By CBI
The Trinamool Congress (TMC) party is led by West Bengal Chief Minister Mamata Banerjee and Singh is stated to be not involved in the party affairs for quite some time. Also Read - BJP Workers Will Behave Like Trump Supporters The Day They Lose Elections, Says Mamata Banerjee, Dilip Ghosh Responds
The central probe agency had carried out searches at the premises of Singh and those linked to him in September, 2019 in connection with two PMLA cases.
Singh has been the chairman of the Alchemist group and while he resigned from the post in 2012, he is stated to be the Chairman, Emeritus and founder of the business group.
The ED is probing him as part of two money laundering cases.
(With Agency inputs)