Posted by AI on 2025-08-25 11:45:42 | Last Updated by AI on 2025-08-25 17:59:40
Share: Facebook | Twitter | Whatsapp | Linkedin Visits: 0
The operation, which took place in Himachal Pradesh, Haryana, and Punjab, resulted in the seizure of two vehicles, estimated to be worth INR 32 lakh, as well as 40 bank accounts and fixed deposit receipts, and three lockers owned by Nishant Sareen and his family. These searches were conducted by the ED at seven residential, commercial, and government offices.
Sareen, who is currently posted as an Assistant Drug Controller in Dharamshala, was the subject of the searches, which were carried out as part of a case related to corruption and bribery, as well as the misuse of his official position for personal gain. The ED also discovered 60 unaccounted liquor bottles at Sareen's residence at Omaxe Cassia, in New Chandigarh.
The money laundering case against Sareen, filed under the Prevention of Money Laundering Act (PMLA), originated from a FIR filed in August 2019 by the State Vigilance and Anti-corruption Bureau of the Himachal Pradesh Police. Sareen was accused of accepting bribes from pharmaceutical companies based in the state's major pharma hub, Baddi. He was arrested in 2019, and posted as ADC, Dharamshala, in 2024, following his release on bail in October of that year.
Furthermore, on June 22, the ED announced that it was investigating the alleged proceeds of crime in this case, along with allegations of "political patronage" and extortion and bribery against Sareen. This just goes to show that corruption can beget serious consequences, as this officer now likely has to defend himself from these serious charges.