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The Enforcement Directorate connected Tuesday (December 17, 2025) conducted searches against 2 persons, Yambem Biren and Narengbam Samarjit, who presented themselves to beryllium self-styled ““Chief Minister” and “External Affairs & Defence Minister” of the “Manipur State Council” respectively.
The searches are being carried retired connected 5 premises successful Imphal related to the accused who are the cardinal persons of Salai Group of Companies, an bureau authoritative said.
The lawsuit relates to a property league held successful London successful 2019 wherein, Yambem Biren, claiming himself to beryllium the “Chief Minister” and Narengbam Samarjit, styling himself arsenic the “External Affairs and Defence Minister” of Manipur State Council, declared the “independence” of the State of Manipur from the Union of India.
NIA files chargesheet against 2 separatist leaders, their associates
“By specified prejudicial activities, they engaged successful acts amounting to waging warfare against the State, sedition, and promoting disharmony, enmity and feelings of hatred among antithetic groups. Based connected this, the National Investigation Agency and the Central Bureau of Investigation person already registered cases against accused persosns,” the authoritative said.
In this case, the accused had established “Kadangband Swajaldhara Implementation Committee” connected May 30, 2003, and this sanction was aboriginal changed to Smart Society connected August 10, 2008.
They besides established different nine named Salai Financial Service (SAFFINS), with its registered bureau astatine Sagolband Tera Loukrakpam Leikai, Imphal. The licence was granted taxable to the provisions of the Bombay Money Lenders Act, 1946 (as extended to Manipur) and the rules made thereunder.
The accused, done the entities of Salai Group of companies, fraudulently collected currency from members of the nationalist by promising exorbitant rates of interest.
“Smart Society functioned illegally arsenic a non-banking fiscal institution by accepting deposits exclusively successful currency from the wide nationalist nether the guise of ‘membership fees’, and disbursed involvement we thereon besides lone successful cash. In full Rs.57.36 crore was collected from gullible investors nether antithetic schemes. The monies truthful collected from the nationalist were routed and deposited into the idiosyncratic slope accounts of the Directors and into the accounts of Salai Group of Companies and Smart Society,” the authoritative said.
The accused persons/entities derived the proceeds of transgression to the tune of ₹57.36 crore from the transgression activities, and truthful are being investigated nether the Prevention of Money Laundering Act (PMLA).
The funds were diverted to their slope accounts and those of antithetic companies of Salai Group, and utilized for acquiring properties, repayment of location loan, conveyance loans, and word loans etc.
“The aforesaid was utilized for waging warfare against the Government of India, indulging successful sedition, and promoting disharmony, enmity and feelings of hatred among antithetic groups, arsenic alleged,” the authoritative added.
