LUCKNOW: The Enforcement Directorate (ED), Lucknow Zonal Office, has provisionally attached properties worth Rs 110.05 crore, with a current market value surpassing Rs 300 crore, under the Prevention of Money Laundering Act. This action, taken on October 28, pertains to a money laundering investigation involving Rohtas Project Limited and other entities.
As per the agency, the attached assets are held under the names of associated companies and limited liability partnerships (LLPs) of the Rohtas Group—Amalya Constructions LLP and Amyra Infrastructure LLP—both operated by the LJK Group. All properties are situated in Lucknow.
The ED’s investigation was prompted by 83 FIRs filed by the Uttar Pradesh Police against Rohtas Project Limited and its promoters. The company initiated two major township projects—the Sultanpur Road Project and the Raebareli Road Project—offering customers land and plot bookings with assurances of possession within 30 months or a 150% return on the invested amount. However, neither the promised developments materialized nor were refunds issued, resulting in numerous complaints and multiple police cases.
The ED’s findings revealed that the Rohtas Group’s promoters misappropriated funds collected from buyers to acquire land through associated entities and proxy owners. Allegations suggest that land holdings exceeding 100 bighas were attained using these diverted investor funds.
A senior ED official noted that the attached assets represent proceeds derived from fraudulent real estate activities and financial diversion schemes designed to defraud countless investors.
