“ED Seizes Sahara’s Hidden Properties Worth ₹1,538 Crore Across India”

The Enforcement Directorate (ED) has taken action against the Sahara Group by seizing properties worth ₹1,538 crore. The ED found that Sahara held these properties under other people’s names, which is called “benami” ownership. Officials carried out the seizure across different states in India.

The ED launched this action under the Prevention of Money Laundering Act (PMLA). According to officials, Sahara used fake names and front companies to hide the real ownership of these assets. The ED found strong proof that the company tried to avoid legal action by registering the properties in the names of other people.

The agency said it attached land, buildings, and other real estate that belonged to the group. These properties are spread across several major cities and towns in India. ED officers said they worked for months to collect records, examine bank transactions, and track property deals linked to Sahara.

The investigation started after several complaints accused the group of cheating investors and hiding large amounts of money. Many small investors said they gave their savings to Sahara, expecting returns, but never received the promised money.

The ED stated that it will continue investigating Sahara’s financial activities. Officers will question people connected to the group and try to recover more hidden assets. The agency wants to return as much money as possible to the investors who suffered losses.

The central government has supported the ED’s action and said that no one can break the law and get away with it. Officials promised strict action against anyone involved in money laundering or financial fraud.

This latest move by the ED shows that the agency is serious about fighting financial crimes. By seizing these hidden properties, the ED has taken a major step toward holding the Sahara Group accountable for its actions.