Guwahati, April 4: The Directorate of Enforcement (ED), Imphal Sub-Zonal Office, has made a significant move towards the restitution of properties in a high-profile Prevention of Money Laundering Act (PMLA) case involving Sanasam Jacky Singh and other officials of the Lamjingba Group of Companies. This action is based on seven (7) First Information Reports (FIRs) filed by the Manipur Police.
According to ED’s investigation, the Lamjingba Group of Companies, headed by Sanasam Jacky Singh, was operating a fraudulent “investment/deposit scheme” that promised investors exorbitantly high returns. The scheme, however, turned out to be a massive scam, deceiving over 15,000 investors and defrauding them of approximately Rs 600 Crore. The proceeds from the scheme were allegedly used by the accused to acquire numerous properties.
Following the investigation, Sanasam Jacky Singh was arrested, and the ED took swift action by attaching both movable and immovable assets worth Rs 63.52 Crore on a provisional basis. Furthermore, a Prosecution Complaint No. 02/2023 was filed on March 20, 2023, against Singh, M. Robindro Singh, the Lamjingba Group Companies, and others involved in the fraudulent activities. In its complaint, the ED also sought the confiscation of the attached properties, including an under-construction hotel property.
Charges have been framed against the accused in the case, marking a significant development in the legal proceedings.
In a separate legal action, a writ petition titled Wahengbam Pratap Singh & Ors. Vs Union of India was filed before the High Court of Manipur. The petition sought the restoration of properties belonging to claimants, which were attached under the PMLA. The Hon’ble High Court directed the Special Court (PMLA), Imphal East, to review and consider the claims of petitioners for the restitution of their properties, in accordance with the relevant provisions of the law.
In response, the investors filed a petition before the PMLA Court, Imphal East, requesting the restoration of properties that had been attached through the auction process. The ED, in its reply, supported the investors’ claims for restitution. Consequently, the Special Judge, PMLA, Imphal East, passed an order on March 21, 2025, directing the publication of notices in two newspapers—one in a vernacular language with statewide circulation and the other in English. This publication, by Rule 3(A) of the Prevention of Money Laundering (Restoration of Property) Rules, 2016, is aimed at inviting claims from interested persons.
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