Overview

• The Enforcement Directorate conducted PMLA searches in New Delhi, Mumbai and Ahmedabad targeting locations tied to the Gupta brothers and businessman Piyoosh Goyal.
• Officials said the action followed a Mutual Legal Assistance Request from South African authorities related to the country’s state capture investigation.
• Entities under scrutiny include World Window Group, Sahara Computers and ITJ Retails Pvt Ltd, according to investigators.
• ED teams intercepted and questioned Ram Ratan Jagati in Ahmedabad, who is described as a key player alleged to have set up the Dubai shell company JJ Trading FZE.
• Financial and electronic records are being examined, and officials indicated the findings could lead to asset attachments, account freezes and further legal action.