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The Enforcement Directorate (ED), Bhopal has provisionally attached movable and immovable assets worth ₹92.07 crore under PMLA, 2002, in a disproportionate assets case involving Saurabh Sharma, a former constable with the Madhya Pradesh Transport Department. This marks one of the largest asset attachments against a government employee in recent history.
Key Details of the Case
- Total Attachments Now Stand At: ₹100.36 crore (including earlier seizures)
- Main Accused:
- Saurabh Sharma (Ex-Constable)
- Sharad Jaiswal & Chetan Singh Gaur (Associates)
- 3 companies: Aviral Building Constructions, Aviral Enterprises, U R Infrastructures
Modus Operandi Uncovered
Asset Concealment:
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- Purchased properties through family/friends/companies
- Arranged unsecured loans from unidentified sources
Cash & Gold Seizure:
- ₹14.2 lakh cash + ₹9.17 lakh silver earlier seized
- Income Tax Dept confiscated gold/cash from associate’s Innova (later traced to Sharma)
Investigation Timeline
- FIR Basis: Lokayukta Police (Prevention of Corruption Act, 1988)
- Arrests Made: Sharma, Jaiswal & Gaur currently in judicial custody
- Earlier Actions:
- ₹8.29 crore bank accounts frozen
- Multiple search operations conducted
Significance
This case exposes:
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- Systemic corruption in state transport administration
- Sophisticated laundering through shell companies
- Unusually high graft for a junior official position
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