Enforcement Directorate Seizes ₹159 Crore in West Bengal Coal Mining Investigation
ED attaches assets worth ₹159 crore in Bengal coal mining probe
Hindustan Times
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The Enforcement Directorate (ED) has seized assets valued at ₹159.51 crore as part of an investigation into illegal coal mining and transportation in West Bengal, India. The probe also implicates the political consultancy firm I-PAC, which is accused of money laundering linked to the operations.
- 01ED has provisionally attached assets worth ₹159.51 crore under the Prevention of Money Laundering Act.
- 02The investigation focuses on illegal mining operations led by Anup Majee, known as Lala.
- 03I-PAC is under scrutiny for allegedly laundering funds and issuing bogus invoices.
- 04The illegal operations involved a fake transport challan system to evade authorities.
- 05Overall, the ED has attached assets worth ₹482 crore in this ongoing investigation.
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The Enforcement Directorate (ED) has provisionally attached assets valued at ₹159.51 crore in connection with its investigation into illegal coal mining and transportation in West Bengal, India. The probe has identified a syndicate led by Anup Majee (also known as Lala) involved in large-scale illegal mining activities within the leasehold areas of Eastern Coalfields Limited (ECL). The ED's findings indicate that certain companies knowingly purchased illegally excavated coal, facilitating the concealment of proceeds from these crimes. A significant aspect of the operation involved the use of a fraudulent transport challan system, dubbed the ‘Lala pad,’ which allowed the syndicate to evade detection by authorities. Additionally, the ED is investigating the political consultancy firm I-PAC, which has been accused of laundering approximately ₹50 crore through bogus invoices. The agency has attached assets worth a total of ₹482 crore in this case, highlighting the extensive nature of the illegal coal mining operations.
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The investigation aims to dismantle illegal coal mining operations that undermine local economies and governance, potentially leading to stricter regulations in the mining sector.
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