Published 19:29 IST, February 21st 2020
ED attaches assets worth Rs 1.15 cr of Bihar-based naxalite
The ED said on Friday it had attached assets worth Rs 1.15 crore of a "notorious" maoist leader of Bihar in connection with a money-laundering case against him
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ED said on Friday it h attached assets worth Rs 1.15 crore of a "notorious" maoist leer of Bihar in connection with a money-laundering case against him. A provisional order for attachment of properties, including a truck and multiple plots of land, has been issued under Prevention of Money Laundering Act (PMLA) against Arvind Yav and his family members.
"Yav is a notorious Naxalite and an active member and leer of banned Left-Wing Extremist and militant Maoist organisation, CPI (Maoist)," Enforcement Directorate (ED) said in a statement. It ded that 61 FIRs were lodged against Yav by Bihar police for alleged collection of levy and extortion in state.
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"Yav has been declared an absconder in a chargesheet filed by police. A probe found out that Yav and his family members me huge cash deposits in bank accounts. family members have no legitimate source of income. This ill-gotten money was utilised for acquiring movable and immovable properties," agency said.
No income tax returns were filed by any family member of Yav during investment period, it ded. probe in case was continuing, ED said.
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19:29 IST, February 21st 2020