ED TIGHTENED NOOSE AND ATTACHED OF JD(U)MLC ANN HIS ASSOCIATES WORTH ABOUT Rs. 39 CRORE

ED TIGHTENED NOOSE AND ATTACHED OF JD(U)MLC ANN HIS ASSOCIATES WORTH ABOUT Rs. 39 CRORE

7-FEB-ENG 3

RAJIV NAYAN AGRAWAL

ARA--------------------------------Enforcement Department tightened noose around the JD(U) MLC Radha Charan Sah alias Seth Ji and seized his properties worth about Rs. 26 crore and properties of Rs. 12.96 crore of his close associates Jag Narayan Singh and Satish Kumar. Radha Charan Sah is languishing in the Beur Jail in Patna. One of the attached properties is located in Dhanbad and the other one located somewhere else. The market value of both these properties is said to be much higher than this. ED has taken this action on the basis of more than two dozen FIRs filed by Bihar police against Broadson Commodities Private Limited and M/S Aditya Multicom Private Limited under various sections. ED’s investigation revealed that Radha Charan Sah and his son Kanhaiya Prasad have a major stake in the ownership of Aditya Multicom Company.

In June 2023 also, many documents related to illegal sand trade were found from Aditya Multicom, a company owned by Radha Charan Sah alias Seth Jee and his Kanhaiya Prasad along with Brodson, a company on the board of directors of Ashok Kumar and Jeevan Kumar, after with the ED tightened its grip on Radha Charan Sah alias Seth Jee and his son Kanhaiya Prasad was interrogated. After this, on September 13, 2023, the ED arrested Radha Charan Sah alias Seth Jee under PMLA Act and a few days later, his son Kanhaiya was also arrested.

ED has revealed in its investigation that M/S Brodson Commodities Private Limited controlled the illegal mining and sale of sand by forming a syndicate. Radh Charan Sah alias Seth Jee was a member of this syndicate and collected a lot of money through illegal means through Brodson. In a statement issued by the Central Investigation Agency, it has been said that Radha Charan Sah alias Seth Jee was hiding ill-gotten income with the help of his son Kanhaiya Prasad by using the Hawala network. Along with Radha Charan Sah alias Seth Jee, the other two accused Jag Narayan Singh and Satish Kumar are also involved in this business and gnawed at the government revenue and acquired huge wealth in different parts of the country through illegal earnings.

Brodson Commodities Private Limited and M/S Aditya Multicom Private Limited are accused of illegally mining sand and selling it without using the departmental pre-paid transport e-challan issued by the mining authority. Due to this, the government suffered a revenue loss of more than Rs. 161.15 crore. On the other hand, Jag Narayan Singh and Satish Kumar gnawed at the state exchequer with Rs. 249.63 crore due to illegal sand mining and sale. It seen this way, the state government suffered a total revenue loss of more than Rs. 400 crore.

ED’s investigation also revealed that with the company’s illegal earned income, Radha Charan Sah alias Seth Jee and his son Kanhaiya Prasad acquired a resort in Himachal Pradesh’s Manali and developed it and also built a school at Gaziabad in Uttar Pradesh by trust owned and run by their family to hide his ill-gotten income.

Last year the ED had arrested Radha Charan Sah alias Seth Ji and directors of Brodson Commodities Private Limited, Mithilesh Kumar Singh, Baban Singh, Surendra Kumar Jindal who are presently in jail under judicial custody. Jag Narayan Singh and Satish Kumar, directors, M/S Aditya Multicom Private Limited are also in jail.