Rashtriya Janata Dal (RJD) leader Subhash Yadav has been arrested on Sunday by the Enforcement Directorate in an alleged illegal sand mining case.
Mr. Yadav, who is a close aide of party supremo Lalu Prasad, was arrested after a daylong raid conducted by the central agency on Saturday at six locations linked with him. After appearing him before the special court, he has been sent to judicial custody.
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During the search, the ED had recovered ₹2 crore in cash and documents more than ₹2.3 crore. Sources said that other documents having the information of huge illegal money have also been seized by the ED.
Mr. Yadav is the director of Broadsons Limited Company which is allegedly involved in embezzlement of ₹250 crore. Searches were conducted at his Nariyal Ghat residence apart form Nasriganj, Shahpur, Yaduvanshi Nagar, Maner, Gola Roa and Boring Canal Road in Patna.
The case has been registered against him under Prevention of Money Laundering Act (PMLA) in which he has been charged of doing illegal mining and sale of sand without using e-Chalan.
He had earlier unsuccessfully contested Lok Sabha election of 2019 from Chatra seat in Jharkhand on RJD ticket.
Senior BJP leader Sushil Kumar Modi alleged that sand mafia like Subhash Yadav, Arun Yadav, Bhola Yadav, former MLA Abu Dojana and liquor businessman Vinod Jaiswal were working as washing machines for the benami property and black money of Lalu-Rabri family.
He further said whenever central agencies like Income Tax (I-T), Enforcement Directorate (ED) and Central Bureau of Investigation (CBI) put hands on any of the money laundering machines of Lalu Prasad, black money worth crores is detected.
“The premises of Subhash Yadav, were the ED team conducted raids had purchased three flats of Rabri Devi for ₹1.72 crore in a single day on June 13, 2017. This deal was made with the intention of keeping Rabri Devi’s property out of the radar of investigating agencies,“ Mr. Modi alleged.
