Overview

• The ED arrested Anil Vailaparampil Abraham and Jitendra Prasad Verma on July 13 and secured their remand as it intensifies scrutiny of Sahara’s property transactions
• Investigators allege Abraham coordinated clandestine sales of Sahara properties that included substantial unaccounted cash siphoned off from group funds
• Verma is accused of executing these deals and routing large cash proceeds to conceal the origins and destinations of criminal profits
• The money-laundering case builds on more than 500 FIRs filed since 2010 against Sahara cooperatives in Odisha, Bihar and Rajasthan under the Prevention of Money Laundering Act
• In April 2025, the ED provisionally attached 707 acres in Aamby Valley, Maharashtra, and 1,023 acres in Sahara Prime City and seized ₹2.98 crore during PMLA searches