LUCKNOW, July 22 -- Probing the alleged money-laundering activities of Jalaluddin Shah alias Chhangur Baba, 78, accused of being the kingpin of the Balrampur religious conversion racket, the Enforcement Directorate (ED) has discovered an offshore trail involving Panama-based shell companies, senior officials said.

"While scanning the list of properties and investments, the ED has unearthed a complex offshore trail involving Panama-based shell companies suspected to have been used for laundering illicit wealth and concealing real ownership. Documents seized during a search operation revealed that Chhangur Baba's close associate, Naveen Rohra alias Jamaluddin, had registered companies in Panama, including Krishna Group SA and Logos Marine ...