Overview
- The ED’s Headquarters Investigation Unit searched eight locations in Mumbai and Chennai on February 27 under the PMLA, seizing documents, devices and financial records.
- Entities under scrutiny include Atum Capital, Optimus Financial Solutions, Babli Investment and Supremus Angel, with named individuals Satish Kumar, Sanjay Damani, Neeraj (Niraj) Nisar, Krish Vohra, Manish Soni and Nisha Kumari.
- Investigators allege investors were induced to sign private share purchase agreements for unlisted NSE India Ltd shares that the sellers did not actually hold.
- Several bank and demat accounts were frozen under Section 17(1A), property-related papers were seized and officials say some accounts show suspected proceeds of crime.
- Complaints from multiple states are being reviewed, some FIRs are still pending and officials signal potential property attachment and questioning as the probe advances; interest in unlisted NSE shares has grown following steps toward a possible IPO.