Ahmedabad: The Directorate of Enforcement (ED), Ahmedabad Zonal Office, has conducted search operations at nine locations in the city under the provisions of the Foreign Exchange Management Act (FEMA), 1999. The searches were carried out at premises linked to the Anas Group and its partners, who are engaged in tobacco processing, packaging, and manufacturing under the brand names Amber Tobacco, Umda Tobacco, and Sama Filter Khaini.

According to officials, the action was initiated based on credible information suggesting that members of the Nagariya family, associated with the Anas Group, possess multiple overseas assets in prime locations in Dubai and have investments in various businesses there. It is suspected that funds for these overseas assets were allegedly transferred through hawala networks and other unauthorised banking channels.

During the searches, the ED seized Indian currency amounting to ₹1.01 crore and foreign currency equivalent to approximately ₹33.34 lakh. Officials also recovered 16 gold bars bearing foreign markings, weighing around 1.6 kg and valued at approximately ₹2.5 crore, along with 168 silver bars weighing about 80 kg, estimated to be worth ₹2 crore.

In addition, various incriminating documents and records relating to foreign properties in Dubai, allegedly linked to the partners and family members of the Anas Group, were seized.

Further investigation is underway. DeshGujarat