Dikhyaa Mohanty 
On August 5, 2023, the Directorate of Enforcement (ED) filed a prosecution complaint under the Prevention of Money Laundering Act, 2002 (PMLA) against M/s. ARSS Damoh-Hirapur Tolls Pvt. Ltd. (M/s ARSSDHTPL), M/s. ARSS Infrastructure Projects Ltd. (M/s. ARSSIPL), M/s. Anil Contractors Pvt. Ltd. (M/s. ACPL), According to an official announcement from the ED, the Prosecution Complaint was recognized by the Special Court on August 18, 2023.
The FIR and Charge sheet filed by the CBI, BSFB, Kolkata against M/s ARSSDHTPL and others in relation to the loan obtained by M/s ARSSDHTPL for carrying out the construction work of the Damoh-Hirapur Road project of the State Government of Madhya Pradesh; and the wrongful loss of Rs 22.42 Crore to the Central Bank of India, Janpath, Bhubaneswar; led the ED to launch an investigation under the PMLA.
According to an inquiry by the ED, the term loan payment of Rs 56.29 crore that was sent to M/s. ARSSDHTPL was substituted to maintain the M/s. ARSSIPL’s irregular cash credit loan account. The loan funds were subsequently transferred to a sibling company called M/s ACPL, which had no connection to the Damoh-Hirapur Road project, as well as for expenses that were unrelated to that project. Earlier, the ED had issued a Provisional Attachment Order dated January 31, 2023, which attached assets worth Rs. 21.19 crore.
