Synopsis: The ED has attached movable and immovable assets worth ₹12.65 crore belonging to Sahiti Infratec Ventures India Pvt Ltd, its former director Sandu Purnachandra Rao, his family, and associated entities in connection with an alleged ₹842.15 crore fraud against investors and homebuyers. Investigations revealed that the company collected funds without regulatory approvals and that substantial sums were diverted into personal and family accounts to acquire properties.

The Enforcement Directorate (ED), Hyderabad Zonal Office, has attached movable and immovable assets worth ₹12.65 crore belonging to M/s Sahiti Infratec Ventures India Pvt Ltd (SIVIPL), its former director Sandu Purnachandra Rao, his family members, and associated entities under the Prevention of Money Laundering Act

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