The Enforcement Directorate has issued summons to three firms operating in Jharkhand in connection with the transfer of more than Rs. 9 crore to the accounts of a construction company suspected to be controlled by alleged Naxal leader Binod Kumar Ganju.
While one company is mainly into mining and transportation of minerals, the second is in the business of thermal power generation and the third is into construction.
Rs. 9.4 crore transferred
The ED probe has revealed that Ganju, against whom the agency is carrying out money laundering investigations, had the construction firm set up to launder the money extorted from businessmen and industrialists. The company’s records showed that Rs. 9.4 crore was transferred between July and December last year from the three firms in question. The ED has issued summonses to determine the reasons for the transfers.
The ED is also examining the construction company’s records to find out if it was indeed into any business activity.
As part of its drive against Naxal operatives, the ED has registered a case against Ganju under the Prevention of Money Laundering Act.
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