PATNA: In a significant development, Enforcement Directorate (ED) on Wednesday, October 9 has provisionally attached 46 immovable properties worth Rs 19.3 crore alongside cash worth Rs 2.05 crore of former legislator and husband of Rashtriya Janata Dal (RJD) MLA Kiran Devi.
46 immovable properties to the extent of Rs. 19.3 crore (approx.) located in Agiaon Village, Bhojpur district and in posh areas of state’s capital Patna, along available balances of Rs. 2.05 crore in bank accounts of Arun Yadav, his family members and M/s Kiran Durga Construction Private Limited has been attached, informed the agency in an official statement released on Wednesday.
The action has been taken by the Patna branch of the agency as part of ED’s probe of a money laundering case linked with alleged illegal sand mining against Yadav and others. Yadav is a former MLA from Sandesh constituency and considered close to former Chief Minister Lalu Yadav.
The properties seized by the agency are on names of Arun Yadav, his wife Kiran Devi, incumbent MLA of Sandesh constituency, his sons and a family-owned company, M/s Kiran Durga Construction Private Limited.
ED, Patna has provisionally attached 46 immovable properties to the extent of Rs. 19.32 Crore (approx.) located in Agiaon Village, Bhojpur Dist. & in posh areas of Patna (Bihar), and the available balances of Rs. 2.05 Crore (approx.) in bank accounts aggregating to Rs. 21.38…
— ED (@dir_ed) October 9, 2024
ED registered a case under provisions of Prevention of Money Laundering Act (PMLA) against Yadav and others in February this year. The agency’s investigation into the case stemmed from a case registered by the Bihar police linked with illegal sand mining.
According to the reports, ED’s probe into the case has also unveiled information linked to several properties procured by Yadav and his family members between 2014-15 to 2022-23. The procurement includes of agricultural and business lands, along residential flats in Danapur near Patna.
Significantly, the sleuths of the agency had conducted raids on multiple locations linked with another construction company in Patna in September this year. The agency officials had raided a total of 7 premises linked with Anu Anand, a Patna based construction company. Raids were conducted at 4 locations in Patna, 2 in Bengaluru and 1 in Uttar Pradesh’s Noida, leading to seizure of bank accounts, documents and irregularities of around Rs 9 crore.
