New Delhi: The Enforcement Directorate (ED) lately carried out raids in Ranchi, uncovering a considerable quantity of black cash linked to corruption. The money found quantities to Rs 35 crore, with bundles of Rs 500 notes saved in varied containers resembling luggage, suitcases, and polythene. To rely this staggering sum, banks had to supply note-counting machines and make use of a number of shifts of personnel.
In at present’s DNA, Zee Information anchor Sourabh Raaj Jain analysed the hyperlink between the black cash uncovered within the ED raids in Ranchi and Jharkhand Authorities’s Minister Alamgir Alam.
The sheer quantity of this black cash seized within the ED raid is astounding. It consists of seven,000 bundles of Rs 500 notes, totaling 7 lakh notes altogether. Calculated at 1.15 grams per word, the load of those notes reaches 805 kg. If laid out flat, the entire space lined by these notes would span 74,590 sq. ft, a stark distinction to the modest two-room home the place they had been discovered, occupying just one,200 sq. ft.
DNA : 15 हजार की तनख्वाह..घर में मिले 35 करोड़. ED की Raid में मिले 35 करोड़ का ‘मालिक’ कौन ? #DNA #DNAWithSourabh #Jharkhand #EDRaid @saurabhraajjain pic.twitter.com/gaI0Wt42Pd
— Zee Information (@ZeeNews) Could 6, 2024
Regardless of the enormity of the discover, the proprietor of the home, Jahangir Alam, a mere Rs 15,000 per thirty days earner, stays unknown to his neighbors. Nonetheless, investigations reveal a connection to Sanjeev Lal, the private secretary of Jharkhand Authorities’s Minister Alamgir Alam, who allegedly orchestrated the concealment of corruption cash inside Jahangir’s residence.
The ED’s raids prolonged to 9 places, together with properties related to Munna Singh, a contractor intently linked to Sanjeev Lal. A major amount of money, Rs three crore, was found in Munna’s home. Minister Alamgir Alam is now providing his protection, however the proof suggests a direct involvement in corruption schemes.
This illicit cash path traces again to earlier ED actions, such because the investigation into Chief Engineer Virendra Ram’s involvement in bribery, the place it was revealed that kickbacks had been directed to Minister Alamgir. Sanjeev Lal, the minister’s aide, allegedly performed a job in concealing these ill-gotten good points.
The invention of money in Jahangir’s residence corroborates the ED’s findings, sparking political debates in regards to the potential use of such black cash in elections. Sadly, elections in India typically function avenues for laundering black cash, facilitated by political events prepared to spend illicit funds to safe energy.
