The Enforcement Directorate said on Tuesday that an indictment under the Prevention of Money Laundering Act (PMLA) has been submitted in an investigation concerning the purported illicit sales of land, sand, and alcohol in Jharkhand, which allegedly generated “proceeds of crime” worth over Rs. 14 crore between 2021 and 2022.
On December 16, the prosecution filed a complaint in Ranchi before a special court, alleging violations of the criminal provisions of the Prevention of Money Laundering Act (PMLA).
Twelve organisations were named, including Saran Alcohol Pvt Limited, Santhal Pargana Pvt Limited, Maihar Hotels and Resorts Pvt Limited, and Rajmahal Traders, in addition to the primary accused Jogendra Tiwari. The agency stated in a statement that the court also accepted the chargesheet on December 23.
The Jharkhand police filed 19 FIRs against Mr. Tiwari and others, which is where the money laundering case originated.
“Jogendra Tiwari has been involved in illicit activities pertaining to the sale of spirits and sand under the names of his close accomplices. He was in control of all of these entities, according to a statement from the ED.
It said that up to this point, these illegal activities had “generated” proceeds of crime totaling ₹14.79 crore.
After the agency searched 32 locations in Jharkhand, Bihar, and West Bengal in August, Mr. Tiwari was taken into custody in October. He’s under judicial detention right now.
