Tag: Enforcement Directorate

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ED Seeks Witness Protection in Gurugram Homebuyer Fraud Case

NEW DELHI: The Enforcement Directorate (ED) has reached out to police forces in three states, requesting them to ensure the safety of homebuyers and witnesses who have reported receiving threats from Swaraj Singh Yadav, the arrested promoter of Gurugram’s Ocean Seven Buildtech Pvt Ltd. In November 2025, the ED arrested Yadav in connection with a money laundering case tied to claims that he duped buyers of affordable housing projects through unjust cancellations and re-allotments. During a bail hearing on May 18, Yadav’s victims informed the designated court in Delhi about experiencing “threats,” “intimidation,” and “coercive tactics” aimed at discouraging them…

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Mohali Officials Hand Over Records in ₹150 Crore CLU Fraud Probe

MOHALI: On Monday, two senior officials from the Greater Mohali Area Development Authority (GMADA) attended a session with the Enforcement Directorate (ED) in Jalandhar as part of a Rs 150 crore money laundering investigation linked to significant real estate projects in Mohali. GMADA’s Chief Administrator, Sandeep Kumar, revealed that he did not attend the meeting personally, but that two representatives—including the District Town Planner (DTP) and a superintendent—were sent to provide all necessary documentation pertaining to the case. The officials presented a comprehensive set of records requested under the Prevention of Money Laundering Act (PMLA). The ED is probing the…

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ED Summons GMADA Head in ₹150 Crore Money Laundering Case

MOHALI: The Enforcement Directorate’s (ED) Jalandhar zonal office has summoned the chief administrator of the Greater Mohali Area Development Authority (GMADA) to appear on Monday regarding a Rs 150 crore money laundering investigation. The investigation centers on alleged irregularities in the change of land use (CLU) approvals for two key real estate projects: Suntec City and Altus Space Builders Private Limited. The ED’s notice requires the chief administrator, or a representative with at least gazetted rank, to provide records and evidence at the Jalandhar office. These proceedings, conducted under Section 50 of the PMLA, are judicial in nature. Officials have…

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Punjab Minister Sanjeev Arora Challenges ED Arrest in HC

CHANDIGARH: Punjab Cabinet Minister Sanjeev Arora has approached the Punjab and Haryana High Court, contesting his arrest by the Enforcement Directorate (ED) under the Prevention of Money Laundering Act (PMLA), deeming it “illegal and unconstitutional.” This plea was presented to a bench consisting of Chief Justice Sheel Nagu and Justice Sanjiv Berry, which heard arguments from Arora’s attorney, Puneet Bali, before adjourning the matter to May 14. The ED arrested Arora on May 9 as part of an investigation into an alleged ₹100-crore GST fraud money laundering case linked to him. At 62 years old, Arora was detained under PMLA…

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ED raids Punjab CM’s aide in land fraud case; CM denies ties

CHANDIGARH: On Thursday, the Enforcement Directorate (ED) conducted searches at multiple locations in Punjab and Chandigarh, targeting the premises associated with a purported aide of an OSD-rank official in the Chief Minister’s Office (CMO). This operation was part of an investigation into money laundering linked to two real estate groups accused of fraudulent land use changes and scamming investors. Approximately a dozen locations were searched in Mohali (SAS Nagar) and Chandigarh connected to the Suntec City project (developed by Indian Cooperative Housing Building Society – ICHBS) and its promoter, Ajay Sehgal, along with ABS Townships, Altus Space Builders, Dhir Constructions,…

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ED Raids Punjab Builders in Land Fraud Case

CHANDIGARH: The Enforcement Directorate (ED) executed searches across various sites in Punjab and Chandigarh on Thursday as part of a money laundering inquiry involving certain builders and real estate firms linked to a suspected land fraud scheme, officials reported. Approximately a dozen locations in Mohali and Chandigarh associated with the Suntec City project, and firms such as Ajay Sehgal, ABS Townships, Altus Builders, and Dhir Constructions are currently under examination under the Prevention of Money Laundering Act (PMLA). Sources indicate that a person named Nitin Gohal is also being investigated by the ED, as he is accused of assisting builders…

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ED Seizes Raheja Developers’ Assets Valued Over ₹1,110 Crore

NEW DELHI: The Enforcement Directorate (ED) announced on Tuesday that it has attached assets valued over Rs 1,100 crore, linked to the promoters and entities associated with real estate firm Raheja Developers, amid an investigation into money laundering related to alleged fraud against homebuyers. The agency conducted searches as part of this case on April 25, where they seized bullion worth Rs 15.82 crore and foreign currency equivalent to Rs 15 lakh. The ED stated it has issued a provisional attachment order under the Prevention of Money Laundering Act (PMLA), targeting immovable properties owned by N A Buildwell and Riyasat…

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ED Raids Raheja Developers in Homebuyers’ Fraud Case

NEW DELHI: The Enforcement Directorate carried out new searches on Saturday at the offices of Raheja Developers, as part of an investigation into money laundering connected to the alleged fraud involving home buyers, according to officials. The agency is targeting around seven locations across Delhi-NCR during this enforcement action. This follows an earlier raid in June 2025 involving the company, its promoters, and others in a similar probe. The most recent searches are focused on claims of fraud concerning home buyers and the failure to deliver apartments in the ‘Raheja Revanta’ project, as detailed by the officials. In response, Raheja…

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ED Raids Kolkata’s Merlin Group in PMLA Case

KOLKATA: The Enforcement Directorate (ED) initiated fresh searches on Friday as part of its ongoing money laundering investigation into Merlin Group, a Kolkata-based real estate company, and related entities, according to officials. This recent action follows previous raids conducted by the agency on April 8 targeting Merlin Projects Limited and its promoters, Sushil Mohta and Saket Mohta. Officials indicated that 4-5 locations in Kolkata and the North 24 Parganas district are being searched under the Prevention of Money Laundering Act (PMLA) as part of the investigation. The Merlin Group has stated that it is cooperating with the ED and maintains…

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Agra: 3,000 Homebuyers Appeal for Help in Stalled Township

NEW DELHI: Over 3,000 homebuyers of Sushant Taj City in Agra, developed by Ansal Properties and Infrastructure Ltd, are requesting clarification from the Uttar Pradesh Government regarding the possession of plots they reserved nearly two decades ago. The buyers have urged the Chief Minister of UP to intervene, as this project was a joint venture between the Agra Development Authority and Ansal. “While most of the group’s projects are undergoing insolvency proceedings, this one has been excluded, possibly due to the government’s involvement. We have reached out to the authorities and the state government without any success. A new builder…