ED detained coal businessman from Hazaribag, Jharkhand .
As per the sources, the probe pertains to a money laundering investigation linked to alleged irregularities in the coal trade.
![ED detained coal businessman from Hazaribag, Jharkhand .](https://www.psuconnect.in/sdsdsd/ED_arrested_Coal_trade_businessman_in_Jharkhand.jpg)
On Tuesday, the Enforcement Directorate arrested coal trader Izhar Ansari from his Militant Colony residence in Hazaribag. The trader was detained after ED detectives raided the alleged domain for the second time. The vigilant agency conducted search operations on three locations related to Ansari. The investigation agency had earlier raided the house first time on March 03, 2023. The cash around Rs 3 crore was recovered in the raid from the house. The Businessman was associated with the coal business since 1981-82.
He was taken into custody under the provisions of the Prevention of Money Laundering Act [PMLA] from Jharkhand’s Hazaribag district around 8 pm.
As per the sources, the probe pertains to a money laundering investigation linked to alleged irregularities in the coal trade.
Read Also : R.K. Chaudhary, CMD, NHPC met Chowna Mein, Hon’ble Dy. CM, Arunachal PradeshNIA investigations stated the criminal cases are registered against the accused in Jharkhand, Bihar and Odisha. Almost all of them are related to murders, abductions, threats, extortion, and raising funds for the PLFI, a militant Maoist outfit formed in 2007.
The Directorate of Enforcement is a domestic law enforcement agency responsible for enforcing economic laws and fighting economic crimes in India.
Read Also : State Coal Minister inaugurates new solar plant at CCL’s Piparwar AreaIt primarily focuses on investing and prosecuting cases related to money laundering, foreign exchange violations and economic offences. It is part of the Department of Revenue, Ministry of Finance.
Read Also : WAPCOS CMD met Safarzoda Manuchehr Bakhodur Hon’ble Deputy Minister of Energy and Water ResourcesNews Must Read
- Petroleum Minister Hardeep S Puri Highlights India’s Bioenergy Progress
- NBCC bags orders worth Rs. 182.50 Crore
- OMCs increases price of 19 kg commercial LPG cylinder by Rs 39
- HUDCO Issues Record Date For Dividend, Shares Rise 118% YTD
- NTPC Bongaigaon to Support TB Eradication Efforts; Partners with District Administration, Kokrajhar
- Solar Energy Corporation of India Ltd (SECI) attains Navratna Status
- Dr D K Sunil Takes Over as CMD (Additional Charge) of HAL
- DVC bags Champions Trophy for Corporate Sustainability at XLRI, Jamshedpur
- Minister Pralhad Joshi Visits IREDA Office, Reviews Company’s Strategic Growth Plan
- HAL Selects SAFHAL Helicopter Engines to Develop and Produce ‘Aravalli’ Engines