ED attaches assets of Naxal leader “Sandeep Yadav”

In the first-ever money laundering case against Naxal operatives, the Enforcement Directorate has attached assets worth ₹86 lakh of Sandeep Yadav, the alleged in-charge of “Madhya Zone” of the Bihar-Jharkhand special area committee of the CPI (Maoist).

Apart from buying properties in the name of his relatives, the accused had bought two sports motorbikes worth ₹2.36 lakh for his son Rahul. The bikes have also been attached.

The attachment has been made as part of the investigations into over 88 FIRs and charge sheets filed by the Bihar Police against Yadav and eight cases and FIRs against his brother Dhanik Lal Mandal. They have been accused of killing security personnel, committing murders, extortion and money laundering, besides illegally possessing arms and explosives. The two had invested the extorted money in movable and immovable assets.

“Assets worth ₹86 lakh have been attached under the Prevention of Money Laundering Act,” an official said. “Yadav’s son-in-law Gajendra Narayan has booked a flat in Revanta Multistate in Delhi’s Dwarka and his wife had taken a flat with Kripa Construction in Ranchi,” said ED.