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REGD.-HP-09-0015257

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NEW DELHI:  Directorate of Enforcement (ED), Surat Sub-Zonal Office, has provisionally attached 17 immovable properties in Daman and Valsad, Gujarat, valued at approximately ₹6.52 crore, in the money laundering case against Suresh Jagubhai Patel alias Sukha and others under the Prevention of Money Laundering Act (PMLA), 2002.

The attachment was made on September 8, 2026, following an ED investigation based on FIRs registered by Daman Police, Gujarat Police and Mumbai Police against Patel and his associates for alleged offences including corruption, illegal possession of firearms, murder, extortion, forgery, passport forgery and copyright violations.

According to the ED, its investigation found that Patel had allegedly established a monopoly over scrap trading and transport services in Daman by eliminating rival traders and using threats, intimidation, muscle power and the fear created by his criminal record.

The ED said Prosecution Complaint No. 10/2024 was filed before the Special Court (PMLA), Daman, on November 27, 2024, against Patel, his associate Mahesh Nanda and others.

Earlier, cash and bank balances amounting to ₹2.90 crore were seized or frozen during search proceedings. The agency had also provisionally attached 24 immovable properties in Daman and Mumbai worth ₹4.42 crore, which were subsequently confirmed by the Adjudicating Authority, PMLA, New Delhi.

With the latest attachment, the ED said movable and immovable properties totalling ₹13.85 crore have so far been seized, attached or frozen in the case.

Further investigation is under progress.

#ED #MoneyLaundering #PMLA #Daman

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