Land For Jobs Scam: ED Detects ‘Proceeds of Crime’ Worth Rs 600 Crore In Raids Against Lalu Prasad Yadav’s Family

New Delhi: The Enforcement Directorate has seized “unaccounted cash” of Rs 1 crore and detected proceeds of crime worth Rs 600 crore after it raided Rashtriya Janata Dal (RJD) chief Lalu Prasad’s family in connection with the railways land for job scam linked money laundering case, news agencies reported.

Based on the specific intelligence inputs, the ED said searches were conducted at 24 locations at various places in Delhi NCR, Patna, Mumbai and Ranchi in the alleged scam. The ED had launched raids on Friday at multiple locations linked to Prasad’s family members including that of his son and Bihar Deputy Chief Minister Tejashwi Yadav in Delhi.

“Searches resulted in recovery of unaccounted cash of Rs 1 crore, foreign currency including USD 1900, 540 gms gold bullion and more than 1.5 kg of gold jewellery (worth Rs 1.25 Crores approximately), several other incriminating documents including various property documents, sale deeds etc held in the names of family members and benamidaars indicating illegal accretion of huge land bank and electronic devices. Searches resulted in detection of Proceeds of Crime amounting to Rs 600 Crore approximately at this point of time which is in the form of immovable properties of Rs 350 Crore and transactions of Rs 250 Crore routed through various benamidaars,” the ED said.

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