Home National ED Takes Possession of Baghel’s ₹26-Cr Realty Project

ED Takes Possession of Baghel’s ₹26-Cr Realty Project

0
1
Raipur: The Enforcement Directorate (ED) on Saturday took possession of a real estate project worth ₹26.43 crore belonging to Chaitanya Baghel, son of former Chhattisgarh chief minister Bhupesh Baghel, in connection with the alleged multi-crore liquor scam in the state.
Officials from the ED’s Raipur zonal office erected a signboard and pasted the possession order at the Vitthal Greens project in Jangiri village of Durg district.
The project, comprising multiple residential plots, was developed by Chaitanya Baghel through his proprietorship firm, Baghel Developers.
The action was taken under the Prevention of Money Laundering Act (PMLA). Taking possession of an attached property does not transfer its ownership to the government while the case is under trial.
The ED had provisionally attached the property, along with other assets worth a total of ₹61.2 crore, in November 2025. The PMLA Adjudicating Authority confirmed the attachment in March this year.
The agency alleged that ₹18.9 crore generated through the liquor scam had been invested in the Vitthal Greens project.
It valued the project at ₹26.43 crore, including land and development costs.
The ED has alleged that Chaitanya Baghel was at the “apex” of the liquor syndicate and exercised control over the collection and distribution of illicit funds.
According to the agency, the syndicate allegedly generated proceeds of crime exceeding ₹2,883 crore between 2019 and 2023 through illegal commissions on liquor supplies, unaccounted sales at government shops using duplicate holograms and commissions from distillers.
The alleged irregularities also involved the FL-10A licence mechanism for foreign liquor.
Chaitanya Baghel was arrested by the ED in July 2025 following searches at the residence he shared with his father. The agency filed a chargesheet against him in September 2025.
Former chief minister Bhupesh Baghel has denied wrongdoing by himself or his family, maintaining that they were being politically targeted by the BJP-led Union government.

Disclaimer : This story is auto aggregated by a computer programme and has not been created or edited by DOWNTHENEWS. Publisher: deccanchronicle.com