The Enforcement Directorate’s Ahmedabad Zonal unit carried out searches at nine locations in Ahmedabad, focusing on the properties of Anas Group and its partners. Anas Group is known for its involvement in processing and manufacturing tobacco products like “Amber Tobacco” and “Umda Tobacco.” The searches were conducted under the Foreign Exchange Management Act (FEMA) based on information suggesting that the Nagariya family, linked to Anas Group, holds significant assets abroad.
During the operation, officials seized Indian currency worth Rs 1.01 crore and foreign currency amounting to around Rs 33.34 lakh. Additionally, 16 gold bars with a weight of 1.6 kg, valued at approximately Rs 2.5 crore, and 168 silver bars weighing about 80 kg, valued at around Rs 2 crore, were recovered. The searches also led to the confiscation of documents indicating ownership of foreign properties in Dubai associated with the Anas Group and its members.
The Enforcement Directorate stated that the searches were initiated based on credible information regarding possible violations of FEMA. The seizure of substantial cash, precious metals, and documents aims to uncover any undisclosed overseas assets held by the group and its affiliates. The agency confirmed that the investigation is ongoing, with officials analyzing the seized assets and records to trace the channels used for transferring funds abroad and to identify potential FEMA violations.
