Overview

• India’s Enforcement Directorate searched sites in New Delhi, Mumbai and Ahmedabad under the Prevention of Money Laundering Act.
• Targets included businessman Piyoosh Goyal and entities World Window Group, Sahara Computers and ITJ Retails Pvt Ltd.
• Officials said Ram Ratan Jagati was intercepted and questioned in Ahmedabad over an alleged Dubai shell, JJ Trading FZE, used to move funds.
• The action stems from a Mutual Legal Assistance Request tied to South Africa’s probe of the Gupta brothers’ alleged state capture network.
• Investigators are analyzing financial and electronic records, with possible outcomes including asset attachments, account freezes and further legal action.