Story perspectives

ED raids GMADA, alleges INR10,000-crore loss from price cuts

By Drooid · Sep 25, 2026, 4:05 AM UTC · How we work

Summary

ED raids GMADA

Enforcement Directorate raided GMADA headquarters, sealing three floors and seizing documents, computers and phones.
ED questioned Principal Secretary Vikas Garg, Chief Administrator Sandeep Rishi and other IAS officers during a 50-hour raid.
ED alleges AAP leaders Satyendar Jain and Manish Sisodia met GMADA officials, lowering reserve prices and causing a INR10,000 crore loss.
Punjab High Court appointed a warrant officer who inspected the premises and reported officials were not illegally detained.

Summary

Finance Minister Accuses

AAP workers, led by Amansher Singh Sherry Kalsi, protested outside GMADA headquarters in Mohali.
Punjab Finance Minister Harpal Singh Cheema accused government of weaponising Enforcement Directorate to intimidate voters before the 2027 elections.
Housing Minister Hardeep Singh Mundian alleged ED officials pressured nephew’s family to urge him to quit the AAP.
Punjab and Haryana High Court appointed a senior-rank warrant officer to monitor the search and report by 2 pm Thursday.

History

Historical Context

India’s Enforcement Directorate, created on 1 May 1956 and given PMLA powers on 1 July 2005, has a history of high-profile raids, such as the 2005 seizure of INR1.5 crore from former minister Sukh Ram’s office. Its latest operation targeting Punjab’s GMADA and questioning IAS officers mirrors that precedent, underscoring the agency’s expanding role in political-sensitive investigations.

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ED raids GMADA

Enforcement Directorate raided GMADA headquarters, sealing three floors and seizing documents, computers and phones.
ED questioned Principal Secretary Vikas Garg, Chief Administrator Sandeep Rishi and other IAS officers during a 50-hour raid.
ED alleges AAP leaders Satyendar Jain and Manish Sisodia met GMADA officials, lowering reserve prices and causing a INR10,000 crore loss.
Punjab High Court appointed a warrant officer who inspected the premises and reported officials were not illegally detained.

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