The Enforcement Directorate (ED) has summoned Hardeep Singh, alias H S Bedi, a Chandigarh-based arms dealer.
According to sources, Bedi is under scrutiny and has been summoned for allegedly “routing questionable funds through foreign bank accounts held in Slovenia, Australia, UK and US”.
Sources added that the ED is probing deeper into the financial trail raising concerns over foreign fund diversions in the foreign bank accounts of Bedi and summons have been issued to him as part of the ED’s agency’s ongoing crackdown on foreign funds diversions through various bank accounts.
They disclosed that Bedi has been asked to appear before the investigating officials of the ED at their office in Chandigarh, on Thursday.
Talking to The Indian Express, on phone, Bedi said, “I have not got it (the summons). Also, I would not like to talk on the phone about it”.
Bedi runs a shooting arms and ammunition import company called Artek India. The company’s website claims that it is one of the biggest importer companies for shooting arms and ammunition formed with an “aim to create the high performance culture in India”.
Bedi, who is based in Chandigarh, started the company in 2015.
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“Shooting equipment and accessories should not be difficult to find, we put them all in one location so you don’t have to search all over the internet. The company is working as a one-stop shop for Indian shooters requirements. We are the hub of the best brands in shooting sports from all over the world,” Bedi’s company website mentions.