ED Supplementary PMLA Case Taken Up as CCS Files Chargesheet in Sahiti Infratech Fraud Probe

Overview

• The Enforcement Directorate filed a supplementary prosecution complaint under the PMLA against B. Lakshminarayana and Sandhu Purnachandra Rao, with the special court taking cognisance on January 5.
• The Central Crime Station in Hyderabad filed a chargesheet against Sahiti Infratech Ventures India Pvt Ltd and its managing director over alleged large-scale real estate fraud.
• Investigators say the company advertised pre-launch projects without required HMDA or RERA permissions, kept no escrow account, and moved investor money across multiple bank accounts while also collecting cash.
• The ED has provisionally attached assets worth about ₹174 crore linked to the accused and the company, following earlier and recent attachment orders.
• Authorities cite differing scale estimates, with CCS reporting over 2,500 customers and ₹842 crore involved and other case records indicating more than 700 buyers and roughly ₹360 crore, as more than 90 FIRs proceed and victim outreach continues.