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ED raids uncover ₹25 crore in unaccounted cash in Ranchi

The ED's operations spanned nine locations, including the Sail City area in Ranchi. One team of investigators concentrated their efforts in Sail City to locate Vikas Kumar, an engineer affiliated with the Road Construction Department.

- Ranchi - UPDATED: May 6, 2024, 09:24 AM - 2 min read

In a significant crackdown on alleged financial irregularities, the Enforcement Directorate (ED) conducted a series of raids across multiple locations in Ranchi, Jharkhand's capital.

ED raids uncover ₹25 crore in unaccounted cash in Ranchi

The Enforcement Directorate is conducting simultaneous raids at nine locations in Ranchi, Jharkhand


In a significant crackdown on alleged financial irregularities, the Enforcement Directorate (ED) conducted a series of raids across multiple locations in Ranchi, Jharkhand's capital.

 

The operations, carried out under the provisions of the Prevention of Money Laundering Act (PMLA), revealed a staggering ₹25 crore in undisclosed cash.

 

The targeted raids focused on approximately six locations associated with Virendra Ram, the former chief engineer at the Jharkhand Rural Development Department, and his close associates.

 

Ram had previously been apprehended by the ED in February 2023 in connection with a money laundering case.

 

Video footage from the raids depicted a sizable heap of currency notes strewn across a room purportedly linked to the domestic aide of Sanjiv Lal, the personal secretary to Jharkhand Rural Development Minister Alamgir Alam.

 

The ED's operations spanned nine locations, including the Sail City area in Ranchi. One team of investigators concentrated their efforts in Sail City to locate Vikas Kumar, an engineer affiliated with the Road Construction Department.

 

Concurrently, another ED team conducted raids in the Bariatu, Morhabadi, and Bodia localities.

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