The Enforcement Directorate (ED) has arrested M K Faizy, the national president of the Social Democratic Party of India (SDPI), at the Indira Gandhi International Airport in Delhi. The arrest, which took place on Monday night, is linked to an ongoing money laundering investigation associated with the now-banned Popular Front of India (PFI).

Details of the Arrest

According to officials, M K Faizy was taken into custody as he was about to board a flight. His name surfaced during financial probes into alleged illegal funding associated with PFI-linked transactions. The ED has been investigating these financial activities since 2022, and this marks the 27th arrest in the case.

Money Laundering Allegations

The probe revolves around suspicious financial transactions allegedly used for funding unlawful activities. Authorities have been tracking bank transfers, foreign remittances, and cash deposits suspected to be part of a larger financial network aimed at funding extremist activities.

M K Faizy’s arrest follows a series of earlier detentions of PFI members and associates, many of whom were allegedly involved in money laundering and financial mismanagement.

Legal Proceedings and Investigation

The ED is expected to present M K Faizy before a special court for further custodial interrogation. Meanwhile, investigators are analyzing recovered documents, financial records, and electronic evidence to trace additional links.

Political and Public Reactions

The arrest has sparked political discussions, with some SDPI members condemning the action, calling it politically motivated. However, authorities maintain that the probe is based on solid financial evidence and is unrelated to political bias.

With the money laundering case expanding, further arrests and legal actions may follow in the coming weeks as authorities work toward unraveling the financial network linked to banned organizations.

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