The Enforcement Directorate (ED) has provisionally attached property worth Rs 54.16 lakh under the provisions of the Prevention of Money Laundering Act (PMLA) in connection with its probe into an alleged case of cheating by Bajwa Developers .
In March 2022, Bajwa was arrested along with his son, but was released on bail after a few months. He is a promoter of Sunny Enclave and other housing societies in Kharar.
The probe found that the "funds received from homebuyers for development of residential and commercial projects were siphoned off by directors of the company in connivance with their associates and others and have been invested in purchase of various personal assets." ED Seizes Audi Car, Rs 85 Lakh Cash After Raids on Punjab-Based Real Estate Group.