mumbai taking stern actions against sahara in the highprofile investor refund case involving over rs 24000 crore market regulator sebi today ordered freezing of bank accounts and attachment of all properties of two group firms and top executives including subrata roy sebis action follows directions from the supreme court which had said last week that the market regulator was free to freeze accounts and attach properties if sahara group firms were not depositing the money with it for refund to investors passing two separate orders against sahara housing investment corporation ltd shicl and sahara india real estate corporation ltd sirecl sebi said that the two companies had raised rs 6380 crore and rs 19400 crore respectively from bondholders and various illegalities were committed in raising of these funds the supreme court in august last year had asked sahara group firms to refund the money with 15 per cent interest and had asked sebi to facilitate the refund however the group in december 2012 was allowed to pay the money in three instalments including an immediate payment of rs 5120 crore followed by an installment of rs 10000 crore in the first week of january and remainder by the first week of february 2012 in its orders passed today sebi said that neither of the two instalments was paid and therefore it is constrained to take necessary action as per the supreme court orders with regard to the payment of rs 5120 crore also saharas have claimed that only rs 2620 crore remained to be refunded to investors and it has already paid rs 19400 crore to the bondholders the properties being attached by sebi include the land owned by sahara group firm aamby valley ltd which has set up a resort village near pune development rights of land at prime locations in delhi gurgaon mumbai and various other places across the country besides sebi has also ordered attachment of equity shares held in aamby valley ltd units of mutual funds bank and demat accounts and investments in all the branches of all banks sebi has asked all the banks to transfer the amounts lying in those accounts to its sebisahara refund account with regard to subrata roy and three other directors namely vandana bhargava ravi shanker dubey and ashok roy choudhary sebi ordered freezing of all bank and demat accounts of these four persons as also attachment of all moveable and immoveable properties in their name with immediate effect sebi directed them to furnish details of all moveable and immoveable properties in their name within 21 days pending which they can not alienate dispose or encumber any of their assets the regulator said it is seeking attachment of all other movable and immoveable properties owned andor held by the two companies sirecl with immediate effect and asked them not to alienate dispose or in any manner encumber the same sebi also directed the two firms to furnish details of any other investments within 21 days and restrained them with immediate