The Directorate of Enforcement (ED), Kolkata Zonal Office, conducted search operations on February 26 across multiple locations in Anantapur, Ballari, Bhubaneswar and Berhampur in connection with an investigation linked to the sale of land belonging to Sahara Prime City Limited at Berhampur, Odisha. The searches were carried out under the Prevention of Money Laundering Act, 2002 (PMLA).
During the operation, investigators found that about 32 acres of a 43-acre land parcel in Berhampur was allegedly sold fraudulently in December 2025 based on a revoked board resolution and in violation of directions of the Supreme Court of India. The land was reportedly transferred in favour of a Sahara employee on directions of senior management.
The case is linked to FIRs filed against Humara India Credit Cooperative Society Ltd and other Sahara entities for allegedly cheating depositors.
The ED said more than 500 FIRs have been registered in several states over alleged Ponzi-style deposit schemes. Digital evidence, financial records and incriminating documents were seized during the searches as part of the ongoing investigation.