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Illegal assets worth Rs150 million belonging to top five Maoists confiscated

Illegal assets worth Rs150 million belonging to top five Maoists confiscated

India Blooms News Service | @indiablooms | 29 Dec 2018, 03:34 am

Patna, Dec 29 (The Bihar Post/IBNS): The Enforcement Directorate (ED), an economic intelligence agency responsible for enforcing economic laws and fighting economic crime in India has confiscated illegal property worth Rs15 crore (Rs150 million) belonging to five top Maoists in Bihar.

These properties belonged to Pradyuman Shama, Sandep Yadav, Binay Yadav, Musafir Sahni and Anil Ram.

The properties were located in places like Muzaffarpur, Vaishali, Gaya, Aurangabad, Jehanabad, Ranchi and Delhi.

An ED official told a local daily that Sharma who carries a reward of Rs50,000 on his head faces 51 criminal cases pending against him. He is yet to be arrested.

Likewise Sandeep Yadav is wanted in as many as 88 criminal cases and carries a reward of Rs 500,000 on his head. He is also absconding.

Another absconding Maoist Binat Yadav carries a reward of Rs1.8 million on his head.

The remaining two Maoists, however, are in jail.