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ED Raid on Arun Yadav: ₹25 Crore Assets Seized, Know the Full Story

The ED seized ₹25 crore in assets from RJD leader Arun Yadav in connection with money laundering charges. Previously, in February 2024, raids were conducted at his and his family's premises.

Oct 09, 2024 | 10:05
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ED Raid on Arun Yadav: ₹25 Crore Assets Seized, Know the Full Story

ED Raid on Arun Yadav: The ED has once again taken significant action against RJD leader Arun Yadav, a close associate of former Railway Minister Lalu Yadav. Despite receiving relief from the court in the land-for-jobs case, the ED continues to pursue him. In a case related to disproportionate assets, the Enforcement Directorate has seized approximately ₹25 crore worth of assets from Arun Yadav under money laundering charges. This action reflects the ongoing pressure the ED is exerting on RJD leaders.

In February, the ED raided Arun Yadav's home. Four flats in Patna's Danapur area were registered under the name of Rabri Devi and were linked to Arun's wife, Kirin Devi, who is an MLA. This action was taken in connection with the disproportionate assets case.

The ED had raided the premises of former RJD MLA Arun Yadav, his wife Kirin Devi, and others in February 2024 on charges of possessing disproportionate assets. During this action, the ED registered a criminal case against them under the Prevention of Money Laundering Act (PMLA). This investigation focused on assets and financial transactions that may be linked to suspicious activities.

As part of the inquiry, the ED previously recorded statements from Arun Yadav and some of his family members. Additionally, the agency collected details of assets, documents, and bank accounts related to his family members and Kirin Durga Contractors Private Limited. This investigation highlights growing concerns regarding financial irregularities among RJD leaders.

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