ED attaches assets worth Rs 22.70 crore in Gujarat fake irrigation office scam
The Enforcement Directorate (ED) has attached properties and investments valued at over Rs 22 crore in connection with a fraudulent scheme involving fake government offices in Gujarat's Dahod district. The case pertains to the creation of six bogus offices of the irrigation and water resources department, through which the accused allegedly siphoned off government funds.
According to the ED, the accused impersonated government officials, forged seals and signatures, and prepared fake documents to fraudulently obtain government grants. In collusion with certain government officials, they secured approval for 121 fictitious works and received funds that were never used for any legitimate purpose.
The money trail revealed that the funds were initially deposited into nine bank accounts opened in the names of the fake offices. From there, the money was transferred to 18 intermediary accounts and subsequently moved to 118 other accounts linked to individuals and entities connected with the accused, the agency said.
Investigators found that a significant portion of the siphoned money was laundered by acquiring properties and making investments in shares and mutual funds. Following a detailed probe, the ED on Monday attached several such assets under the Prevention of Money Laundering Act (PMLA).
The attached assets include seven land parcels, investments in mutual funds, and balances in various bank accounts. The total value of these assets is Rs 22.70 crore, according to the ED's official statement.
The assets have been linked to the main accused, Abubakar Jakirali Saiyad, his family members, and other associates. The ED said the seizure is part of an ongoing investigation into the matter.
This case highlights the growing concern over the misuse of public funds through fake government entities. The use of forged documents and collusion with insiders enabled the accused to divert money meant for public infrastructure projects. The ED's action is a step toward recovering misappropriated funds and holding those responsible accountable.
The investigation is still in progress, and authorities are examining further links, including the role of the government officials allegedly involved. The ED has indicated that more actions may follow as the probe continues.
