ED to probe assets linked to Jharkhand CM’s private secretary under FEMA, PMLA
THE JHARKHAND STORY NETWORK Ranchi, Nov 10: The Enforcement Directorate (ED) is set to examine the assets linked to Chief Minister…
THE JHARKHAND STORY NETWORK
Ranchi, Nov 10: The Enforcement Directorate (ED) is set to examine the assets linked to Chief Minister Hemant Soren’s senior private secretary Sunil Srivastava, unearthed by the Income Tax department, under FEMA (Foreign Exchange Management Act) and PMLA (Public Money laundering Act).
ED sources said that the agency will examine whether it is a case of a suspected case of illegal foreign exchange transfers to Dubai, through a company owned by Dinesh Mandal. “We will probe whether the company of Dinesh Mandal, who resides in Dubai, has any connection with Srivastava and others,” confided an ED official.
“We don’t need a predicate offence FIR to probe illegal foreign exchange under FEMA,” the official said.
“We will also probe the black money unearthed by the IT, once it files a prosecution complaint before the court under the PMLA,” the ED source said.
Notably, the IT department raided 17 locations linked to Sunil Srivastava, JMM leader Ganesh Chaudhary, builders and businessmen in Ranchi and Jamshedpur on Saturday.
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The IT team took this action on the information of tax evasion, money transactions, as well as investing undeclared assets in various business activities.
During the raid, about Rs 24 lakh was found from Sunil Srivastava’s close aide’s house in Jamshedpur. Several incriminating documents have been found in Sunil’s house along with jewellery, which shows that his wife is a director in 10 companies. Documents related to undeclared income and his investments have also been found at other locations.
The IT is also said to have detected as many as 20 bank lockers in the name of one suspect.
Apart from this, raids were conducted at eight locations in Jamshedpur. During the raid, after getting information about some new locations in Ranchi’s Katahal Mod area, the Income Tax Department team also raided there. These locations include Sunil Srivastava’s relative Sushil Srivastava and Ankur Nursery run by him. The Income Tax Department also raided the office and house of Dinesh Mandal of Global Developer, a close associate of Sunil Srivastava, in Ranchi. There is information about business relations between Global Developer and Sunil Srivastava.
Raids at JMM leader Ganesh Chaudhary’s locations
The Income Tax Department raided the locations of Jamshedpur Anjaniya Ispat Limited, Govind Parikh and Jharkhand Mukti Morcha leader Ganesh Chaudhary. The Income Tax Department team also raided the residences of Anjaniya Ispat directors Uday Singh, Ajit Singh, Rakesh Singh and Rajesh Singh. This company has been formed in the name of Uday Singh’s mother. Ganesh Chaudhary runs business institutions named Baroda Construction and Baroda Transport. He is also a member of the Central Committee of Jharkhand Mukti Morcha. The Income Tax Department has included the house of Jamshedpur businessman Govind Parikh and a business establishment named JK Traders in the scope of the raid.
Locations where raids were conducted
Sunil Srivastava
Global Developer
Dinesh Mandal of Global Developer
Sushil Srivastava
Ankur Nursery
Anjaniya Steel Limited
Uday Singh
Ajit Singh
Rajesh Singh
Rakesh Singh
Govind Parikh
Ganesh Chaudhary
Baroda Construction
Baroda Transport
Porsewala Developer
