ED Bhopal Zonal Office Provisionally Attaches Rs 3 Crore in PMLA Case Against Jayshri Gayatri Food Products
(By Syed Ali Taher Abedi)
16, June,2026-BHOPAL – In a major crackdown on corporate fraud and public health endangerment, the Enforcement Directorate (ED) has provisionally attached a vast array of immovable and movable assets, including a residential house, premium plots, and multiple bank accounts.
The attached properties are held in the names of Sunil Kumar Tripathi, his immediate family members, and various shell entities under their direct operational control.
The federal agency initiated its money laundering probe under the Prevention of Money Laundering Act (PMLA), 2002, leveraging foundational First Information Reports (FIRs) previously registered by the Habib Ganj Police Station in Bhopal and the Economic Offences Wing (EOW), Bhopal.
The underlying criminal charges invoke multiple sections of the Indian Penal Code (IPC), 1860, including criminal conspiracy, cheating, forgery, and the knowingly fraudulent use of forged documents against the directors and key executives of M/s Jayshri Gayatri Food Products Pvt. Ltd. (JGFPL).
The Anatomy of the Crime: Forged Reports & Public Risk
The ED’s comprehensive investigation unearthed a sophisticated illicit operation wherein M/s JGFPL was systematically engaged in the manufacturing and international export of adulterated dairy products. To circumvent stringent regulatory checks, the company relied on meticulously fabricated laboratory reports to secure clean export clearances.
Sunil Kumar Tripathi, the then-Chief Executive Officer of JGFPL, has been identified by investigators as the principal architect of this fraudulent scheme.
In connivance with co-conspirators, Tripathi actively facilitated the generation and deployment of these counterfeit safety reports. The fabricated documents were subsequently presented to statutory authorities to obtain official Health Certificates, effectively allowing the adulterated dairy shipments to pass international customs under false pretences.
Stock Diversion and Sophisticated Layering of Proceeds
Beyond the export fraud, the probe revealed a secondary financial racket. Tripathi reportedly masterminded the unauthorized diversion and misappropriation of massive dairy stocks from JGFPL’s official inventories.
These siphoned goods were covertly sold in the open market through a network of shell entities controlled by him including M/s Siyajeet Exports and M/s Sugam Foods utilizing fictitious invoices and counterfeit billing cycles.
The “Proceeds of Crime” generated from these illicit sales were then routed through a maze of multiple, unrelated front companies.
This extensive financial layering was intentionally designed to obfuscate the money trail, conceal the tainted origin of the funds, and integrate the illicit wealth into the formal banking system.
Judicial Proceedings and Ongoing Probe
This attachment follows the high-profile arrests of Kishan Modi, the Managing Director of M/s Jayshri Gayatri Food Products Pvt. Ltd., and Sunil Kumar Tripathi himself.
Both high-ranking accused are currently remanded to judicial custody as the legal net tightens around them.
Significantly, the ED has already formalized its charges by filing a comprehensive Prosecution Complaint before the Hon’ble Special Court (PMLA), paving the way for trial.
Agency officials have confirmed that further investigation remains actively underway.
The current phase of the probe is specifically focused on identifying additional hidden Proceeds of Crime, tracing residual international and domestic money trails, and establishing the culpability of other peripheral actors and entities linked to this massive money laundering matrix.
