The Enforcement Directorate’s action against premises linked to Sanjeev Arora has intensified the political confrontation in Punjab after a company connected to the probe publicly denied allegations related to fake mobile phone exports and financial irregularities.
In an official statement issued on May 9, Hampton Sky Realty Limited rejected claims that it was involved in bogus exports or money laundering activities. The company stated that all mobile phones exported by it were genuine products whose IMEI numbers had been independently verified through customs systems and global manufacturer databases.
The ED is reportedly investigating exports allegedly worth around Rs 157 crore, possible violations under foreign exchange laws, and financial transactions linked to Hampton Sky Realty Limited, associated bank accounts and other business operations. The probe is also examining whether export transactions were used for irregular financial routing or fraudulent claims.
Responding to the allegations, the company said it had entered the mobile phone export business in May 2023 and had since exported more than 44,000 branded electronic devices and accessories. These reportedly included Apple iPhones, AirPods, Samsung smartphones and OnePlus handsets as part of India’s expanding electronics export sector under the Centre’s “Make in India” and Production-Linked Incentive (PLI) schemes.
The company maintained that each exported handset underwent several layers of statutory verification before shipment. According to the statement, the process included customs inspections, IMEI scanning through the Customs ICEGATE platform, and cross-verification by original manufacturers such as Apple and Samsung against international activation records.
Hampton Sky Realty further claimed that many exported devices were activated outside India, which it argued demonstrated that the exports were genuine and not fictitious transactions. “Every mobile phone manufactured anywhere in the world carries a unique 15-digit IMEI number,” the company said, adding that these identifiers were independently verified by customs authorities and global manufacturers.
Rejecting allegations of fake exports and money laundering, the firm said all supplier payments were made through authorised banking channels with GST payments duly deposited. It also claimed export proceeds were received through legal banking routes and denied any cash transactions or hidden offshore dealings.
The company additionally addressed GST-related concerns reportedly linked to supplier firms. It claimed that if irregularities existed, they were connected to certain suppliers and not to the company itself. According to the statement, Hampton Sky Realty had itself filed an FIR in May 2025 at Focal Point Police Station against firms including SK Enterprises, Global Traders and GMG Tradelink Pvt Ltd after allegedly discovering supplier-side fraud.
The company further said the disputed GST amount had already been deposited and that the matter was presently under appeal before the GST Appellate Authority. It also stated that it was fully cooperating with investigating agencies and had complete faith in the judicial and constitutional process.
The ED action has meanwhile become politically contentious in Punjab, with leaders of the Aam Aadmi Party accusing the BJP-led Centre of selectively using central agencies against opposition figures ahead of elections. Supporters of the ruling party in Punjab have described the raids as part of a larger political confrontation rather than merely a financial investigation.
