Archive · 21 Nov 2025
ED Arrests Sahara Group Director in Rs 1.79 Lakh Crore Money Laundering Case
The Enforcement Directorate, a financial crime-fighting agency in India, arrested a top director of the Sahara Group.
The director, O P Srivastava, is accused of cheating investors and moving a huge amount of money, around Rs 1,79,000 crore, to other companies without proper records.
He was arrested after being questioned for a long time at the ED's office in Kolkata.
Enforcement Directorate (ED) arrested Sahara Group director O P Srivastava
Arrested for alleged money laundering of Rs 1,79,000 crore
Accused of cheating investors and diverting funds to shell companies
Summoned and arrested after interrogation at ED's CGO Complex in Salt Lake
Described as a key decision-making director after founder Subrata Roy's death
- Who
- O P Srivastava, Sahara Group director
- What
- Arrested for money laundering
- When
- Thursday
- Where
- ED's CGO Complex in Salt Lake, Kolkata
- Why
- Accused of cheating investors and diverting funds
- Arrested Person
- O P Srivastava
- Position
- Director, Sahara Group
- Amount Involved
- Rs 1,79,000 crore
- Accusation
- Money laundering, cheating investors, diverting funds
- Location of Arrest
- ED's CGO Complex, Salt Lake, Kolkata
- Status of Sahara Group Founder
- Deceased (Subrata Roy)