ED Raids Sahara Premises Across Multiple States; 500+ Cases Piling Up

KOLKATA – In fresh action in connection with the Sahara Prime City land case, the Enforcement Directorate (ED) raided multiple premises of the company and its officials.

The ED’s Kolkata Zonal Office conducted the search operations on February 2 at Anantapur (Andhra Pradesh), Ballari (Karnataka), Bhubaneswar, and Berhampur (Odisha), an ED statement said.

Digital evidence such as WhatsApp communications, contacts, and call records was recovered and seized during the searches, the central probe agency said.

The searches were linked to the sale of a land parcel of Sahara Prime City Limited at Berhampur in Odisha.

“It was revealed during the search that around 32 acres (out of a total 43 acres) of land in Odisha’s Berhampur were fraudulently sold in December 2025 based on a revoked Board Resolution in favour of a Sahara employee and in violation of the guidelines of the Supreme Court,” the ED said.

More than 500 FIRs have been registered against various Sahara Group entities, with over 300 involving scheduled offences alleging large-scale cheating of depositors through forced redeposits and denial of maturity payments.

The ED investigation revealed that Sahara Group was operating a Ponzi scheme. (IANS)