Dubai-based entrepreneur Satish Sanpal, the founder of Anax Holding, has publicly addressed recent media reports suggesting his assets and those of his wife were subject to a temporary freeze amid a money laundering investigation. In an official statement, Sanpal clarified that no regulatory or enforcement agencies have issued any formal announcements or findings regarding these claims. He has urged media outlets to exercise greater diligence and verify information obtained from unofficial channels before disseminating reports that could potentially damage his reputation.

Furthermore, the company emphasized that these allegations have had no impact on the day-to-day operations or governance of Anax Developments. According to the statement, all real estate projects, banking relationships, and financial commitments remain secure and fully functional. Sanpal, a prominent figure in Dubai’s business community and a star of the Netflix series Desi Bling, warned that he reserves the right to pursue legal action against any publications that continue to share what he describes as false or defamatory information.