The Enforcement Directorate has filed a prosecution complaint against Siddique alias Suleman Khan in a Goa money laundering case involving four North Goa properties valued at an estimated ₹278.16 crore. The agency alleges that forged sale deeds, counterfeit stamps and seals were used to support disputed property claims, followed by transactions through third-party and alleged benami accounts. The properties have been provisionally attached under the Prevention of Money Laundering Act. The allegations will now be considered by the designated Special Court and do not establish guilt.
Suleman Khan Money Laundering Case: ED Charges Him Over Rs 278 Crore Property Proceeds
The Enforcement Directorate has filed a prosecution complaint against Siddique alias Suleman Khan for allegedly forging property documents, benami accounts, and laundering proceeds of Rs 278.16 crore.
The ED said four properties in North Goa, allegedly bought through forged sale deeds, are involved in the case of money laundering in the name of Suleman Khan, with an estimated fair market value of Rs 278.16 crore.
The Enforcement Directorate, based in Goa, has filed its prosecution complaint after issuing a provisional attachment order on the four properties identified as alleged proceeds of crime.
The ED said the Special Investigation Team (Land Grabbing) of the Crime Branch of the Goa Police had filed four chargesheets, following which it had launched an investigation.
The chargesheets are in respect of First Information Reports (FIRs) registered in the Mapusa and Valpoi police stations and are the basis of the criminal cases investigated in the money-laundering probe.
Last year, the agency alleged Siddique alias Suleman Khan hatched a criminal conspiracy to acquire valuable immovable properties of their rightful owners in North Goa.
The ED said the alleged modus operandi included preparing sale deeds and keeping them in the registration records at the Sub-Registrar offices at Bardez and Valpoi.
The agency also claimed that the documents used counterfeit stamps and seals that produced records that, in turn, allegedly supported fraudulent claims over the disputed properties.
Alleged benami accounts and cash transactions
ED has alleged that Khan later monetised the disputed property claims and routed the proceeds through bank accounts controlled by third parties and alleged benami account holders.
The agency has also alleged use of a partnership firm working with a second Permanent Account Number during the transactions involving the suspected proceeds.
The ED further alleged that large portions of the funds were converted into cash, allegedly creating an appearance that the suspected proceeds had legitimate origins.
The agency has provisionally attached the properties worth Rs 278 crore as alleged proceeds of crime under the Prevention of Money Laundering Act (PMLA).
The allegations are part of an ongoing legal process, and the prosecution complaint will be taken up by the designated Special Court for further proceedings.
The charges made by the ED are not in themselves proof of guilt, and the proceedings will determine the treatment of the evidence and charges under the applicable law.
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Arrest followed by judicial custody
The Enforcement Directorate arrested Siddique alias Suleman Khan on July 16, 2026, in connection with its investigation into the alleged property-related money laundering activities.
According to the report, Khan was remanded to judicial custody after his ED custody ended and is presently lodged at the Central Jail, Colvale.
The prosecution complaint has since been filed before the Special Court, which is the next formal step in the proceedings emanating from the ED investigation.
The case is a mix of allegations of property grabbing, forged registration documents, third-party banking arrangements, benami accounts and suspected conversion of proceeds into cash.
The Crime Branch of the Goa Police investigated the allegations related to the land, while the Enforcement Directorate, Goa, carried out the money laundering probe.
The developments throw light on the legal process pertaining to alleged land grabbing cases in Goa, particularly in cases where transactions of disputed property are followed by an examination for possible financial offences.
Special Court to consider prosecution complaint
The next step will depend on the proceedings before the Special Court, including consideration of the complaint of the prosecution and evidence relating to the alleged transactions.
For Sprouts News, the matter is still before the courts, and the ED allegations are the agency’s position in the case, not a final determination of criminal responsibility.
Further developments should clarify the status of the attached properties, the alleged financial trail, and the evidence supporting the money laundering allegations.
The prosecution will be conducted under the PMLA, and the related criminal cases have been registered by the Crime Branch of Goa Police at Mapusa and Valpoi.
