Enforcement Directorate Attaches Assets of RJD MLA
Enforcement Directorate Attaches Assets of RJD MLA

Enforcement Directorate Attaches Assets of RJD MLA

News summary

The Enforcement Directorate (ED) has attached properties valued at approximately Rs 3.77 crore in Mumbai as part of an ongoing investigation into a drug-manufacturing and smuggling racket linked to a 2018 drug bust. The investigation revealed that proceeds from drug sales were laundered through investments in real estate. In a separate case, the ED has provisionally attached assets worth over Rs 21 crore belonging to former RJD MLA Arun Yadav and his family, as they are accused of money laundering linked to illegal sand mining. This includes 46 immovable properties in Bihar and substantial cash deposits in bank accounts. The ED's actions are based on multiple FIRs alleging criminal activities and misuse of position to generate crime proceeds. Both investigations highlight the ED's intensified efforts to combat money laundering in India.

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