The Enforcement Directorate (ED) arrested Aam Aadmi Party (AAP) leader Deepak Singla on Monday in connection with an ₹155 crore bank loan fraud and subsequent money laundering case. As per reports, the case stems from a Central Bureau of Investigation (CBI) probe into forgery and financial irregularities that defrauded banks to the tune of Rs 155 crores.
7 different locations related to Singla and a company named Mahesh Timber Pvt Ltd, located in Delhi and Goa, have been raided by the ED.
BREAKING | ₹155 Crore Bank Fraud Under Scanner: ED Conducts Searches in Alleged Case
— TIMES NOW (@TimesNow) May 18, 2026
– AAP leader Deepak Singla arrested by ED
– 7 locations across Delhi and Goa raided
'Anyone who has done wrong should be arrested; however, this government is unreliable…': Congress… pic.twitter.com/SAXiYmIwVT
Singla is a former AAP candidate from Delhi’s Vishwas Nagar assembly seat and AAP’s co-in-charge of Goa. He had faced an ED investigation in 2024, too in the sam money laundering case.
AAP leaders have condemned the arrest, calling it a political vendetta. They have alleged that this is the BJP-ruled central government’s intimidation tactis against AAP leaders ahead of the Punjab and Goa elections.
Congress leader Rashid Alvi has also criticised the arrest. AAP chief Arvind Kejriwal has claimed that Singla has been arrested because he refused to join the BJP.
