Overview

• On August 11, the Enforcement Directorate’s Kolkata Zonal Office searched Sahara-linked sites in Ghaziabad, Lucknow, Sriganganagar and Mumbai.
• The raids were conducted under the Prevention of Money Laundering Act and focused on entities handling Sahara Group land and share transactions.
• Officials seized extensive documents and recorded statements from key individuals to trace the flow of investor deposits.
• These operations follow provisional attachments of roughly 1,730 acres at Aamby Valley and Sahara Prime City and movable assets valued at over Rs 3,000 crore.
• The probe has already resulted in the arrests of Sahara executive Anil V. Abraham and property broker Jitendra Prasad Verma, both now in judicial custody.