The Enforcement Directorate (ED) has provisionally attached six immovable properties in Guwahati worth about ₹6.56 crore in connection with an alleged bank fraud and money‑laundering case linked to M/s Agnipa Energo Pvt. Ltd. and others, the agency said in a press release on May 9. “Provisionally attached” refers to temporary seizure of assets under the Prevention of Money Laundering Act (PMLA) while the probe continues.
The Guwahati Zonal Office of the ED said the attached assets comprise two commercial units in the Shine Towers project and two flats plus two penthouses in the Shine Heaven project. The properties are registered in the names of Anil Jaina, Runu Jaina and Shine Realtors Pvt. Ltd.
The probe was initiated under the PMLA based on an FIR filed by the Central Bureau of Investigation’s Anti‑Corruption Branch (CBI‑ACB), following a complaint from Bank of India. The CBI later filed a chargesheet naming nine accused, including three promoter‑directors of M/s Agnipa Energo Pvt. Ltd., three Bank of India officials and partners of the conduit entity M/s Shine Mechfab JV.
According to the ED, promoter‑directors obtained a loan of ₹10.65 crore from Bank of India in February 2013 to set up a small hydro project in Baksa, allegedly by submitting forged documents that purported an equity infusion of ₹3.75 crore by M/s Urch Traders Pvt. Ltd. The Central Forensic Science Laboratory reportedly confirmed the documents were forged, and a supporting certificate was allegedly issued by someone who was never the company’s statutory auditor.
Officials said Bank of India disbursed ₹9.33 crore across 28 instalments between 2013 and 2015, of which about ₹8.67 crore was diverted to the related‑party joint venture M/s Shine Mechfab JV and then routed to group entities including Shine Realtors, Shine Combine and Shine Shelters Pvt. Ltd. The ED alleged these transfers lacked legitimate business purpose and pointed to suspect activity such as ₹75 lakh moved on the first day of disbursement, of which ₹52 lakh was withdrawn in cash the same day.
Investigators also alleged roughly ₹1.43 crore was routed back to the borrower and the bank through reverse or round‑trip transactions, and that four 2015 transactions totalling ₹1.01 crore were credited back to the loan account the same day-an apparent attempt to prevent the loan’s classification as a non‑performing asset. The ED added that some transfers passed through an undisclosed Karnataka Bank account in breach of sanction conditions.
The agency has quantified the wrongful loss to Bank of India at ₹8.76 crore and identified this amount as proceeds of crime under the PMLA. Further investigation is ongoing.
Original Source: https://www.indiatodayne.in/assam/story/ed-attaches-rs-656-crore-guwahati-properties-in-agnipa-energo-bank-fraud-case-1389467-2026-05-09?utm_source=rssfeed
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Publish Date: 2026-05-09 21:44:00
