Property Attached In Case Of Krishna Containers Bank Fraud Case
FinTech BizNews Service
Mumbai, March 31, 2025: Directorate of Enforcement (ED), Patna Zonal Office has conducted search operations at 07 locations across Patna on 27.03.2025, under the provisions of the Prevention of Money Laundering Act (PMLA), 2002. During the search operations, cash amounting to Rs. 11.64 Crore (approx.) was seized alongwith other incriminating documents.
ED investigation under PMLA in the case of Sanjeev Hans and Others has revealed the names of Tarini Das, Chief Engineer, Bihar Construction Department (BCD); Mumukshu Chaudhary, Joint Secretary, Finance Department, Govt. of Bihar; Umesh Kumar Singh, Executive Engineer, Urban Development and Housing Dept. (UDHD), Govt. Of Bihar; Ayaz Ahmed, Deputy Project Director, Bihar Urban Infrastructure Development Corporation Ltd. (BUIDCO); Sagar Jaiswal, DGM (Projects), Bihar Medical Services and Infrastructure Corporation Ltd. (BMSICL); Vikash Jha, DGM, Bihar Medical Services and Infrastructure Corporation Ltd. (BMSICL) and Saket Kumar, Executive Engineer, Bihar Construction Department (BCD) who were recipients of bribe money to give favourable outcomes in several tenders as well as clearance of Bills of various contractors, including that of a Patna based contractor named Rishu Shree.
ED carried out searches at the residential premises of the above officials in Patna. The searches led to seizure of cash amounting to Rs. 11.64 Crore (approx.), huge number of property related documents, documents relating to sharing of bribe money along-with various other incriminating documents and digital evidences. Further investigation is under progress
