On Thursday, as per the agency information, the Enforcement Directorate seized incriminating documents, digital material, 119 bank accounts, four insurance policies, and two luxury vehicles in connection with searches it conducted at various locations in Patna, Varanasi, Lucknow, and New Delhi against a real estate company, Agrani Homes Pvt. Ltd.
The real estate firm’s chairman and managing director, Alok Kumar, along with other top officials Vijaya Raj Laxmi, Alka Singh, and Rana Ranveer Singh, as well as Satvik Singh, another senior employee of the real estate firm, and chartered accountant Nishat Shrivastava, were all the targets of searches on April 18 at eight different locations, according to the ED. Eight FIRs, including cases of cheating, filed against Alok Kumar and others at several Patna police stations served as the foundation for the ED’s probe against him and other individuals.
“More than 73 complaints against Agrani Homes Pvt Ltd, Patna and its CMD Alok Kumar Singh and others have been received in this Directorate wherein it has been mentioned that the said company has cheated the prospective home buyers for a sum of Rs 9.73 Crore,” ED said in a statement.
“The investigation has revealed that Agrani group of companies and its director have cheated the prospective home buyers and illegally diverted their deposits/investment for acquiring properties in their personal name or in the name of other companies,” the statement read.