The income tax department on Wednesday issued a notice to the Aam Aadmi Party over alleged money laundering allegations levelled against it by the volunteer group AVAM.
AAP Volunteers Action Manch (AVAM) had last week lodged a complaint with the Election Commission of India against the Arvind Kejriwal-led party following allegations of a 'funding scam'.
The NGO had also moved the Enforcement Directorate (ED) and the Economic Offences Wing (EOW).
AVAM had alleged that AAP had last year received Rs. 50 lakhs through four bogus companies that were fronts for money-laundering.
On this, the AAP had demanded a Supreme Court monitored Special Investigation Team (SIT) to probe funding of all the three major parties including the BJP and Congress.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app