This Article is From Oct 25, 2021

Probe Agency Attaches Rs 7 Crore Worth Assets From Ex-Bihar Public Servant

The Enforcement Directorate (ED) has attached Jayshree Thakur and her family's assets in connection with a money laundering probe tracing disproportionate asset amassment as far back as 1987.

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India News

The probe agency's money laundering case is based on a 2013 FIR of Bihar Police (Representational)

New Delhi:

The Enforcement Directorate (ED) has attached assets worth over Rs 6.84 crore in connection with a money laundering probe linked to an alleged disproportionate assets case against a former government official of Bihar's Bhagalpur and her family, officials said today.

A provisional order has been issued under the Prevention of Money Laundering Act (PMLA) attaching 15 plots, a flat worth over Rs 1.53 crore, deposits of Rs 5,05,02,511 kept in 42 bank accounts and "surrender value" of 12 different insurance policies worth Rs 26,00,123.39 of Jayshree Thakur and her family members, the probe agency said in a statement.

The ED's case of money laundering is based on a 2013 FIR of Bihar Police against Thakur and her family members for "acquiring disproportionate assets amounting to Rs 13,98,38,213 through corrupt and illegal means, by abusing her position as a public servant".

The ED said its investigation found that "during the period 12.01.1987 to 30.06.2013, Jayshree Thakur, while being posted and functioning in different capacities and different posts under Bihar government, amassed disproportionate assets of Rs 13,98,38,213 through corrupt practices and misuse of her official capacity".

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The disproportionate assets were amassed in the form of "movable and immovable properties in her name as well as in the name of her husband Rajesh Kumar Chaudhary, son Rishikesh Chaudhary and daughter Rajshree Chaudhary", said the probe agency.

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