New Delhi, Aug 12
The Enforcement Directorate (ED), Kolkata Zonal Office, has conducted searches at nine locations across Ghaziabad, Lucknow, Sriganganagar, and Mumbai in connection with a money laundering probe against the Sahara Group.
The raids, carried out on August 11 under the Prevention of Money Laundering Act (PMLA), targeted entities involved in various land and share transactions with Sahara companies. The investigation stems from three FIRs filed in Odisha, Bihar, and Rajasthan against M/s Humara India Credit Cooperative Society Ltd. (HICCSL) and others under Sections 420 and 120B of the IPC.
During the searches, incriminating documents and records were seized, and statements from key individuals were recorded.
The ED has previously issued three Provisional Attachment Orders in the case, covering 707 acres in Amby Valley worth Rs 1,460 crore, 1,023 acres in Sahara Prime City Ltd valued at Rs 1,538 crore, and movable assets of Chandni Roy, wife of Sahara Group scion Seemanto Roy, worth Rs 14.75 crore.
Earlier arrests include Anil V Abraham, Executive Director in Sahara’s Chairman Core Management Office, and property broker Jitendra Prasad Verma, both currently in judicial custody.
The investigation remains ongoing.