ED attaches fresh assets worth over Rs 1,500 crore in Sahara case
New Delhi, Apr 23 (PTI): The Enforcement Directorate (ED) on Wednesday said it has attached fresh assets worth more than Rs 1,500 crore as part of a money-laundering investigation against the Sahara Group.
A provisional order was issued by the federal probe agency under the Prevention of Money Laundering Act (PMLA) to attach a total of 1,023 acres of land of Sahara Prime City Limited in 16 cities.
The total value of these plots is Rs 1,538 crore (according to the 2016 circle rate). These pieces of land were purchased through "benami" transactions, with the funds "diverted" from Sahara entities, the agency said in a statement.
These pieces of land are located in Gujarat, Odisha, Maharashtra, Karnataka, Rajasthan, Jammu and Kashmir and Uttar Pradesh, the statement said.
Last week, the ED attached 707 acres of land in Amby Valley, located in Maharashtra's Lonavala, worth Rs 1,460 crore (market value).
The money-laundering case stems from more than 500 FIRs filed by various state police departments.
Three FIRs registered against Humara India Credit Cooperative Society Limited (HICCSL) and others by police in Odisha, Bihar and Rajasthan, apart from more than 500 such complaints filed against Sahara Group entities and related persons, have been analysed by the ED.
The agency alleged that the Sahara Group was running a "Ponzi" scheme through various entities, such as HICCSL, Sahara Credit Cooperative Society Limited (SCCSL), Saharayn Universal Multipurpose Cooperative Society (SUMCS), Stars Multipurpose Cooperative Society Limited (SMCSL), Sahara India Commercial Corporation Limited (SICCL), Sahara India Real Estate Corporation Limited (SIRECL), Sahara Housing Investment Corporation Limited (SHICL) and other group entities.
"The group has cheated the depositors and agents by alluring them with high returns and commissions respectively, and utilised the funds collected in a non-regulated manner without any information or control of the depositors," the ED said.
Let the Truth be known. If you read VB and like VB, please be a VB Supporter and Help us deliver the Truth to one and all.
Second BSF personnel succumbs to injury in Jammu
New Delhi, May 11 (PTI): The BSF on Sunday said a second trooper was killed in action after Pakistan initiated cross-border firing in the Jammu region a day ago.
"Constable Deepak Chimngakham sustained fatal injuries during cross-border firing along the International Boundary in R S Pura area, Jammu district, on May 10, and attained martyrdom on May 11," the Border Security Force (BSF) said in a social media post.
The BSF director general and all ranks express their deepest condolences to his family, it said.
Eight troopers of the BSF's 7th Battalion were injured in Saturday's shelling and sub-inspector Mohammed Imteyaz later succumbed to his injuries.
A wreath-laying ceremony was held with full military honours at the BSF's frontier headquarters in Jammu's Paloura on Sunday for Imteyaz.
His last rites will be performed at his native Narayanpur village in Bihar's Saran district on Monday.
A similar wreath-laying ceremony to honour Chimngakham will be held at the BSF's frontier headquarters on Monday.
The firing between BSF and Pakistani forces took place after India launched Operation Sindoor following the April 22 terror attack in Pahalgam.
The military operation by the Indian Armed Forces was launched on May 7 and nine terror infrastructures were destroyed in Pakistan and Pakistan-occupied Kashmir (PoK). All subsequent retaliations to Pakistani offensives were carried out as part of this operation.
The two countries reached an agreement to stop all firings and military actions on land, air and sea on Saturday after four days of cross-border strikes that triggered fears of a wider conflict.
We salute the supreme sacrifice made by BSF #Braveheart Constable(GD) Deepak Chimngakham in the service of the nation; he sustained fatal injuries during cross-border firing along the International Boundary in R S Pura area, District Jammu on 10 May 2025, and attained martyrdom… pic.twitter.com/c64Es1D1y4
— BSF JAMMU (@bsf_jammu) May 11, 2025
