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Probe Agency Disburses Rs 127.69 Crore To 1.73 Lakh Rose Valley Scam Victims
The ED, in coordination with the Asset Disposal Committee, has advanced restitution for Rose Valley scam victims with a 2025 milestone and ongoing asset liquidation. By April 2026, restitution has reached over 1.7 lakh investors, complemented by substantial asset attachment and an automation-driven disbursement system.
Why It Matters
The restitution efforts aim to return Proceeds of Crime to victims, enhancing transparency and accountability in a large-scale financial scam and related asset liquidation processes.
Timeline
5 Events
Mobilised funds and outstanding amounts in Rose Valley case
April 2026
Rose Valley Group mobilised approximately Rs 17,520 Crore from investors across West Bengal, Assam, Odisha and other states, of which about Rs 6,666 Crore remained unpaid to investors.
Assets worth Rs 1,568 Crore attached/seized across multiple states
April 2026
The ED has attached or seized movable and immovable properties with a book value of approximately Rs 1,568 Crore spread across West Bengal, Odisha, Assam and Tripura to secure restitution to victims.
Restitution to investors crosses 1.7 lakh mark (as of April 2026)
April 2026
As of April 2026, restitution has returned life savings to over 1.7 lakh investors through the ongoing liquidation and distribution process.
Demand draft of Rs 517.54 Crore handed to ADC
April 22, 2025
The Enforcement Directorate handed over a demand draft of Rs 517.54 Crore to the Asset Disposal Committee (ADC) pursuant to orders from the Special Court at Bhubaneswar, enabling restitution of attached Proceeds of Crime for the benefit of victims.
High Court approves AI-based automation of claims and disbursement mechanism
March 31, 2025
The ED and ADC obtained approval from the High Court for automating the claims and disbursement process through AI-based technology to handle Rose Valley restitution.