Two FIRs registered by the Punjab Police in Mohali after a series of inquiries between 2020 and 2024 have become the basis for Enforcement Directorate (ED) raids conducted across 12 locations on Thursday, including the residences of close aides of AAP’s Punjab president Aman Arora. The raids relate to alleged real-estate fraud, forged Change of Land Use (CLU) approvals, cheating of landowners and homebuyers, and suspected money laundering linked to the ‘Suntec City’ project of the Indian Cooperative Housing Building Society and Altus Space Builders Pvt Ltd. In a statement issued after the raids, the ED said it had conducted “search and seizure operations on two real-estate groups involved in fraudulent Change of Land Use and duping of customers and land owners.” The agency’s action was based on two FIRs registered in Mohali – FIR No. 123 dated November 19, 2022, at Police Station Mullanpur, SAS Nagar, and FIR No. 7 dated February 1, 2024, at Police Station Phase-11, SAS Nagar.…