ED uncovers ₹1,250cr illegal mining in Jharkhand; ₹36.99 lakh cash seized & 30 benami accounts revealed

By | January 4, 2024
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ED Discovers Proof of ₹1,250 Crore Illegal Mining After Raids in Jharkhand

The Enforcement Directorate (ED) has made a significant breakthrough in its ongoing investigation into illegal mining activities in Jharkhand. After conducting marathon raids yesterday, the ED has unearthed evidence of ₹1,250 crore worth of illegal mining operations in the state.

During the raids, the ED team, led by its officials, seized ₹36.99 lakh in cash from the residence of Ram Nivas Yadav, who serves as the Deputy Commissioner (DC) of Sahibganj. Additionally, the team also discovered details of 30 benami accounts linked to Yadav.

The findings of the investigation point towards a massive network of illegal mining operations that have been running undetected for an extended period. The ED’s crackdown on such activities is a significant step towards curbing the rampant illegal mining industry in Jharkhand.

Illegal mining has been a persistent issue in the state, causing substantial financial losses to the government and environmental degradation. The ED’s discovery of such a large-scale operation highlights the urgent need for stricter enforcement measures and stricter penalties for those involved.

The seized cash and the details of the benami accounts will assist the ED in further unraveling the intricate web of individuals and organizations involved in these illegal activities. The agency will carefully analyze the evidence to identify the key players and their modus operandi.

The ED’s investigation is expected to extend beyond Yadav’s residence and delve into other prominent figures and entities associated with the mining industry in Jharkhand. By following the money trail, the agency aims to expose the complete network of individuals and organizations complicit in this illegal trade.

The revelations made by the ED will likely have far-reaching implications for the individuals involved, including government officials, businessmen, and mining companies. Legal action against the perpetrators will not only serve as a deterrent but also help recover the ill-gotten gains and compensate for the environmental damage caused.

The state government must now take strict measures to prevent the recurrence of such illegal activities. Strengthening the regulatory framework, increasing surveillance, and promoting sustainable mining practices are vital steps towards safeguarding Jharkhand’s natural resources and preventing further exploitation.

Furthermore, the ED’s findings should prompt the central government to reassess its policies and provide additional support to states in combating illegal mining. Collaborative efforts between central agencies and state authorities are crucial for effectively addressing this issue.

As the investigation progresses, the ED is expected to uncover more evidence, leading to further arrests and seizures. The agency’s relentless pursuit of justice and recovery of illicit finances sends a strong message that illegal mining will not be tolerated.

The ED’s discovery of ₹1,250 crore worth of illegal mining operations in Jharkhand underscores the urgent need for collective action against this rampant criminal activity. The state and central governments, along with law enforcement agencies, must work together to eliminate this menace and protect the state’s natural resources for the benefit of its people.

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@NewsArenaIndia said BREAKING NEWS ED finds proof of ₹1,250 crore illegal mining after marathon raids in Jharkhand yesterday. ₹36.99 lakh Cash recovered and details of 30 benami accounts found from residence of Ram Nivas Yadav who is DC of Sahibganj.

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