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ED Raids Premises Linked to Kolkata Real Estate Firm, Merlin Group

Published: April 08, 2026 | Category: Real Estate
ED Raids Premises Linked to Kolkata Real Estate Firm, Merlin Group

Kolkata/New Delhi

The Enforcement Directorate (ED) on Wednesday carried out searches at multiple locations associated with a Kolkata-based real estate company, Merlin Group, as part of an ongoing money laundering investigation, officials said.

The raids covered around seven premises connected to the company and its promoters, Sushil Mohta and Saket Mohta. The कार्रवाई was conducted under provisions of the Prevention of Money Laundering Act (PMLA).

Officials said the company and its promoters are being investigated over allegations of creating a fraudulent chain of property ownership through forged documents, leading to suspected land grabbing.

The ED further alleged that the accused used the disputed land for commercial purposes by developing large-scale real estate projects. By presenting themselves as legitimate owners on the basis of allegedly falsified documents, they are accused of persuading members of the public to invest significant amounts in these projects.

The development comes at a time when West Bengal is heading into elections, with polling scheduled in two phases on April 23 and April 29.

The company’s response to the searches was awaited at the time of reporting.

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Frequently Asked Questions

1. What is the Enforcement Directorate (ED)?
The Enforcement Directorate (ED) is a law enforcement agency in India responsible for enforcing economic laws and fighting economic crime, particularly money laundering and violations of the Foreign Exchange Management Act (FEMA).
2. What is the Merlin Group?
The Merlin Group is a Kolkata-based real estate company that has been under investigation for alleged money laundering and fraudulent activities, including the creation of a fraudulent chain of property ownership through forged documents.
3. Who are the promoters of Merlin Group?
The promoters of Merlin Group are Sushil Mohta and Saket Mohta, who are currently under investigation by the Enforcement Directorate (ED) for their involvement in the alleged fraudulent activities.
4. Under which act were the searches conducted?
The searches were conducted under the provisions of the Prevention of Money Laundering Act (PMLA), which aims to prevent and control money laundering in India.
5. What is the significance of these raids in the context of West Bengal elections?
The significance of these raids is that they come at a crucial time when West Bengal is heading into elections, with polling scheduled in two phases on April 23 and April 29. The timing may have political implications and could affect public perception and voter sentiment.