ED attaches assets worth ₹152.5 crore in fake government office, housing fraud cases
The Enforcement Directorate has attached assets worth ₹152.5 crore linked to a fake government office racket in Dahod and a real estate fraud in Ahmedabad. The investigation involves the siphoning of public funds through forged documents and impersonation.
Why it matters
This case exposes significant corruption and the vulnerability of government grant systems to fraudulent schemes.
The Enforcement Directorate (ED) on Monday (August 17, 2026) provisionally attached properties worth ₹152.5 crore in connection with two separate money-laundering probes in Gujarat involving a fake government office racket and a real estate fraud.
The Ahmedabad zonal office of the probe agency said it has attached movable and immovable properties worth ₹22.7 crore in connection with the fake government offices scam busted in Dahod district in 2023, and attached immovable properties worth ₹129.80 crore in a case related to a real estate fraud in Ahmedabad.
Officials seized land parcels, mutual fund investments, and bank balances of key accused who siphoned off public funds through bogus government offices in Dahod and cheated several homebuyers through fraudulent housing schemes in Ahmedabad.
“The ED attached properties belonging to one Abubakar Jakirali Saiyad and his family members and associates, in connection with an FIR registered in Dahod,” the agency stated in a release.
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