The ED, Guwahati Zonal Office, has provisionally attached movable and immovable assets worth ₹3.50 crore in the case involving the late Shri Ranjit Kumar Bora—the then Deputy Chief Electrical Engineer (Construction), Northeast Frontier Railway (NFR), Maligaon, Guwahati—and others. The attached assets include a residential flat in Patna, Bihar, held in the name of Smt. Sonal Jain and valued at approximately ₹3.28 crore, as well as a fixed deposit of approximately ₹21.24 lakh held in her name with Canara Bank.
The Enforcement Directorate (ED), Guwahati Zonal Office has provisionally attached immovable and movable properties worth Rs 3.50 crore in the case of late Shri Ranjit Kumar Bora, then Deputy Chief Electrical Engineer (Construction), Northeast Frontier Railway (NFR), Maligaon, Guwahati and others. The attached properties include a residential flat in Patna, Bihar, in the name of Smt. Sonal Jain, valued at Rs 3.28 crore (approx.), and a fixed deposit of Rs 21.24 lakh (approx.) in her name with Canara Bank.
The ED initiated the investigation based on an FIR registered by the Central Bureau of Investigation (CBI), AC-1, New Delhi, under Section 120-B of the Indian Penal Code, 1860, and Sections 7 and 8 of the Prevention of Corruption Act, 1988 (as amended in 2018) against Ranjit Kumar Bora and others. The FIR alleged the demand and acceptance of illegal gratification from private contractors in exchange for providing undue favors in the award and execution of Northeast Frontier Railway contracts. The CBI intercepted the delivery of the bribe amount on December 14, 2021, arrested the accused, and subsequently filed a charge sheet in the case in 2022.
The ED investigation revealed that Ranjit Kumar Bora demanded and accepted bribes from Mr. Chintan Jain and Mr. Nayan Chandra Jain, owners of the railway contractor firm, M/s. Sunshine, and retained the bribe money. The proceeds of crime were used to purchase a flat in Platinum Towers, Gurugram, Haryana, in the name of M/s. Sunshine. The investigation further revealed that the said flat was sold in 2024 for approximately ₹3.5 crore (approximately $3.5 million). The sale proceeds were transferred through various layers of bank accounts belonging to M/s. Sunshine, Mr. Chintan Jain, and his wife, Mrs. Sonal Jain, and ultimately used to repay the home loans taken to acquire the said residential flat in Patna and to create a fixed deposit with Canara Bank in the name of Mrs. Sonal Jain. Thus, the seized properties demonstrate the reinvestment and integration of the proceeds of crime earned by the late Mr. Ranjit Kumar Bora.
Ranjit Kumar Borah died on September 6, 2024, during the investigation. Since attachment proceedings under the PMLA are against the ill-gotten property itself, attachment proceedings have been initiated against the current holder of the properties.
Further investigation is ongoing.
