ED Seizes Rs 67 Crore in Assets Linked to Banned PFI and Its Political Wing SDP
ED attaches banned outfit's properties used for jihad training.
The Enforcement Directorate has escalated its crackdown on the outlawed Popular Front of India (PFI), attaching eight immovable properties valued at Rs 67.03 crore held under trusts and its political arm, the Social Democratic Party of India (SDPI). These assets, including Valluvanad House in Pattambi and Malabar House under the Haritam Foundation, were allegedly used to conduct covert physical education programs training cadres in offensive and defensive combat techniques with weapons.
Investigations uncovered that PFI orchestrated systematic arms training on properties registered under proxy owners to advance a jihadist agenda aimed at committing unlawful and terrorist activities across India. The agency revealed that PFI office-bearers, members, and cadres conspired to raise funds domestically and internationally through banking channels, hawala networks, and donations disguised as relief efforts, amassing over Rs 131 crore.
These illicit proceeds were channeled toward a criminal conspiracy to establish an Islamic nation within India, undermining the country’s secular framework and national integrity, the ED stated. With prior attachments of Rs 61.98 crore, the total value of seized assets now exceeds Rs 129 crore, marking one of the largest financial seizures linked to domestic terror financing.
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The probe, initiated under the Prevention of Money Laundering Act based on an NIA FIR and multiple agency reports, confirmed SDPI as PFI’s political front, fully dependent on the banned outfit for funding, policy, candidate selection, and cadre mobilization. Secret diaries exposed unreported expenses funneled from PFI to SDPI, while 28 key leaders—including SDPI National President MK Faizy and PFI’s top executives—have been arrested.
Further scrutiny traced PFI’s origins to former SIMI members post the 1992 Babri Masjid demolition and Jamaat-e-Islami ban, with properties strategically registered under Kerala-based trusts to evade detection. The ED continues its investigation, signaling an unrelenting assault on terror financing networks masquerading as social organizations.
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