The Enforcement Directorate (ED) has intensified action against prominent industrialist Nauheera Shaikh in connection with the Hira Gold investment scam. The agency had attached several of her properties, but investigations revealed that some of these assets were sold without proper authorization.

ED alleges that a Sub-Registrar aided Shaikh in these unauthorized transactions, through which she reportedly earned crores of rupees. Additionally, Shaikh is accused of intimidating participants in auctions of the attached assets.

Following these developments, ED approached the Supreme Court, which issued strict directives. The court instructed Shaikh to appear before ED for questioning and authorized that she be taken into custody or secured by authorities if she fails to comply.

Investigations indicate that Shaikh misrepresented substantial profits, collecting funds worth hundreds of crores from investors. These transactions, partly routed through overseas channels, were used for personal purposes, including large-scale real estate investments.

With prior anticipatory bail canceled by the Supreme Court, ED is now empowered to take immediate enforcement measures. Authorities emphasize that any attempt to sell or dispose of attached assets without ED’s consent will attract legal action. The case underscores ongoing regulatory vigilance over auctioned and attached properties in high-value investment fraud cases.