According to official sources, the Enforcement Directorate carried out more searches in Bihar on Saturday, March 16, in relation to the case involving the purportedly unlawful sand mining. The Bhojpur district’s Arrah town and the surrounding area were the sites of the searches. According to the sources, the businessman’s and a few connected parties’ premises are under attack. Subhash Yadav, an accused close aide of RJD chairman Lalu Yadav, was detained by the CBI last week in connection with his case.
The money laundering case is the result of 20 First Information Reports (FIRs) filed by the Bihar Police against directors and a firm called Broadsons Commodities Pvt Ltd (BCPL), claiming that the directors were involved in illicit sand mining and sales without the use of e-challans.
Radha Charan Sah, the head of the JD (U) and MLC in Bihar, together with his son Kanhaiya Prasad and other directors of Broadsons Commodities, including Mithilesh Kumar Singh, Baban Singh, and Surendra Kumar Jindal, were all detained by the ED last year. They are all now being held in judicial custody at a prison.
In November 2023, they were charged before a special PMLA court in Patna.
According to the ED, the gang that invested money in the aforementioned firm controls the purported sand trade and makes money by selling illicit sand, which is nothing more than the profits of crime.
According to the reports, Subhash Yadav is the “key syndicate” member of the BCPL.
According to the ED, in this case, proceeds of crime of Rs 161 crore were made.