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Enforcement Directorate Attaches Properties Worth Rs 6.56 Crore in Money Laundering Case

Indian Community Editorial TeamBy Indian Community Editorial TeamMay 9, 20262 Mins ReadNo Comments Add us to Google Preferred Sources
Enforcement Directorate Attaches Properties Worth Rs 6.56 Crore in Money Laundering Case
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The Enforcement Directorate’s Guwahati Zonal Office has provisionally attached six immovable properties valued at approximately Rs 6.56 crore. These properties are linked to a money laundering case involving an alleged bank loan fraud by M/s Agnipa Energo Pvt. Ltd. and others. Among the attached properties are two commercial spaces in “Shine Towers” and two flats with two penthouses in the “Shine Heaven” project, all situated in Guwahati.

The properties are registered under the names of Anil Jaina, Runu Jaina, and M/s Shine Realtors Pvt. Ltd. The investigation was initiated under the Prevention of Money Laundering Act, 2002, following a First Information Report filed by the Central Bureau of Investigation, Anti-Corruption Branch, Guwahati, based on allegations by Bank of India.

The Central Bureau of Investigation had previously filed a chargesheet against nine accused individuals, including three promoter-directors of M/s Agnipa Energo Pvt. Ltd., three Bank of India officials, and partners of M/s Shine Mechfab JV in October 2024. It was revealed that the accused had obtained a Rs 10.65 crore loan from Bank of India in 2013 for a hydropower project in Assam’s Baksa district using falsified documents.

The Enforcement Directorate claimed that a significant portion of the disbursed amount was diverted to related entities through round-tripping transactions and undisclosed bank accounts, leading to a wrongful loss of Rs 8.76 crore for Bank of India. Investigations into the case are ongoing to uncover further details.

Agnipa Energo Pvt. Ltd. Anil Jaina Assam Baksa district Bank of India Central Bureau of Investigation Enforcement Directorate Guwahati Zonal Office Indian Penal Code Prevention of Corruption Act Prevention of Money Laundering Act Runu Jaina Shine Heaven Shine Mechfab JV Shine Realtors Pvt. Ltd. Shine Towers
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Indian Community Editorial Team

The Indian Community Editorial Team curates, verifies, and publishes stories that matter to Indians worldwide. From culture and community to business and innovation, our mission is to spotlight voices, ideas, and events that bring our global community closer together. Have news or a story to share? Submit it to us at [email protected].

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