Overview
- The Enforcement Directorate auctioned the Hawker 800A through MSTC on July 1 for ₹3 crore, the agency said, marking the first reported disposal of an aircraft attached under PMLA procedures.
- The jet was seized from Rajiv Gandhi International Airport during ED searches on March 7, 2025 and the Adjudicating Authority confirmed the attachment on August 18, 2025 before allowing a sale on November 20, 2025.
- The sale is part of a money‑laundering probe that grew out of three FIRs by the Economic Offences Wing, Cyberabad, which allege Capital Protection Force (Falcon Group) ran a bogus invoice‑discounting Ponzi scheme that duped investors of about ₹792 crore.
- The ED has already arrested three people linked to the case and filed a prosecution complaint on September 29, 2025, and it says the ₹3 crore will be used for restitution to genuine investors if the Special PMLA Court gives leave.
- The modest ₹3 crore recovery compared with the alleged ₹792 crore loss highlights the limits of a single asset sale under the PMLA and suggests authorities will need to trace and attach additional assets to increase investor restitution.