Kolkata and New Delhi: TMC MP KD Singh is the new entry in the ED radar. The Enforcement Directorate officers have started tracking Singh in connection to the Chitgate probe.
According to sources, the ED is going to question KD Singh based on a report submitted by the Financial Intelligence Unit. As per reports, AXA China Region Insurance had purchased a policy of 30 million dollar from the British Virgin Island through Austin Futures. Now according to FIU’s report, KD Singh’s trust is associated with the British Virgin Island.
The ED is trying to peep in to the fact that whether any Regulatory Organisation like SEBI was informed about this massive transaction.
To find out and clear the mist over such issues, MP KD Singh might soon be called at the ED’s office. As per ED sources, required data has already been fetched by the officers from the Income Tax office.