Subhash Yadav, a close aide of Lalu Prasad Yadav, was arrested by the Enforcement Directorate (ED) in Bihar after raids on his premises related to a money laundering case. The ED searched six locations linked to Yadav and his associates involved in illegal sand mining.
During the raids, over Rs 2.30 crore in cash and incriminating documents were found at Yadav’s residence in Danapur near Patna. He was arrested late Saturday night following the searches. The probe was based on 20 FIRs by the Bihar Police against M/s Broadsons Commodities Pvt Ltd (BCPL) and its director for illegal sand mining.
Yadav is a key member of the syndicate involved with BCPL, which has generated around Rs 161 crore from the illegal sand sales. The syndicate invests these funds in BCPL. Earlier, the ED had arrested other syndicate members and directors of BSPL. Yadav had contested elections in 2019 and recently attended a political rally in Patna.
The ED investigation is ongoing, with allegations of illegal sand mining and money laundering being pursued against Yadav and his associates.
