ED's Second Attachment in Manipur Deposit Scam Case Freezes ₹33.66 Crore in Assets

The order targets properties the agency links to proceeds of an unauthorised scheme that shut in early 2020.

Overview

With the latest action, total provisionally attached assets in the case stand at about ₹61.68 crore.
The order covers Birla Emporium Pvt. Ltd., Ira Finance Pvt. Ltd., director Yumnam Irabanta Singh, and associated persons.
ED says the entities ran a 2019–2021 unauthorised deposit scheme promising high returns that cheated roughly 5,000 investors of over ₹250 crore.
Investigators report loans against property were used to transfer borrowers’ assets into names of company directors and staff through registered sale deeds.
A PMLA prosecution complaint was filed on June 6, 2025 before the Special Court in Imphal East, investigators have identified 121 additional immovable properties, and the probe remains active.