The Enforcement Directorate (ED) has provisionally attached immovable property worth ₹1.29 crore belonging to former AIG Ashish Kapoor for alleged violations of the Prevention of Money Laundering Act (PMLA).

The ED launched its investigation based on two FIRs registered by the Vigilance Bureau against Kapoor and others under various sections of the Indian Penal Code (IPC) and the Prevention of Corruption Act.

The investigation revealed that Kapoor, during his posting at Amritsar Central Jail in 2016, engaged in extortion from two individuals while they were in police custody. He allegedly received cash and gold from them and their family members, amassing assets worth ₹1.29 crore.

Kapoor is also implicated in a case involving alleged disproportionate assets. He reportedly acquired both immovable and movable properties in Chandigarh and Mohali over the past five years, exceeding his known sources of income. These properties have been attached by the ED. Kapoor was arrested in October 2022 and is currently out on bail. The state government granted the Vigilance Bureau permission to prosecute him in January.

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Reportedly, Kapoor purchased a residential plot measuring 507.5 square yards in Sector 88, Mohali, for ₹90.16 lakh. He constructed a two-storey house on the plot between 2020 and 2022. In 2022, he also bought a residential plot in New Chandigarh, measuring 241.11 square yards, for ₹34.13 lakh.