Overview
- The ED arrested G. Ram Chandra Mohan and Akash Malviya following Thursday's searches in Delhi and Noida.
- Investigators froze the bank accounts, fixed deposits, lockers, and high-end vehicles of Singhvahini Infra Projects and its directors.
- The agency recorded a case under the Prevention of Money Laundering Act on May 7 after at least seven FIRs in Uttar Pradesh, Madhya Pradesh, and Chhattisgarh.
- A 3.3610-hectare SRMF parcel in Noida was allegedly sold in December 2025 for ₹16 crore despite a circle-rate value of ₹33.61 crore.
- ED alleges forged authority letters, fake seals, and a sham SRMF entity were used to pose as office-bearers and offload properties, including sales flagged in Shajapur and Bilaspur.