Directorate of Enforcement (ED) carried out searches in the case of M/s Agrani Homes Pvt. Ltd. on 18.04.2023 covering 08 locations including the premises of Alok Kumar (CMD), Smt. Vijaya Raj Laxmi, Mrs. Alka Singh, Rana Ranveer Singh along with the premises of key employee Satvik Singh and Chartered Accountant Nishat Shrivastava in different cities viz: Patna, Varanasi, Lucknow and New Delhi.

ED initiated investigation against M/s Agrani Homes Pvt. Ltd., Alok Kumar (MD of M/s Agrani Homes Pvt. Ltd.) & others. on the basis of 08 FIRs registered against Alok Kumar and his relatives in different Police Stations in Patna (Bihar). Further, more than 73 complaints against M/s Agrani Homes Pvt Ltd, Patna and its CMD Alok Kumar Singh & others have been received in this Directorate wherein it has been mentioned that the said company has cheated the prospective home buyers for an sum of Rs. 9.73 Crore

            Investigation has revealed that Agrani group of companies and its director have cheated the prospective home buyers and illegally diverted their deposits/investment for acquiring properties in their personal name or in the name of other companies.

During the search incriminating documents viz sale deeds of properties purchased by Alok Kumar in his name and in the name of his company have been found and seized. 119 bank accounts, 04 Insurance Policies and 02 luxury vehicles in the name of M/s Agrani Homes Pvt. Ltd. and its directors have been freezed/seized. Other incriminating physical and digital material found during the search has also been seized for further examination.

Further investigation is in progress.