ED Attaches Rs 1.52 Crore in Odisha Illegal Mining Case

ED Attaches Rs 1.52 Crore in Odisha Illegal Mining Case

ED Attaches Rs 1.52 Crore in Odisha Illegal Mining Case

Key Highlights:

1. ED attaches Rs 1.52 crore worth of assets of Basanta Kumar Das in Odisha.
2. Das, linked to Kasiabeda Iron Ore Mines, allegedly involved in illegal mining.
3. Investigation based on FIR and charge sheet by Odisha Police Vigilance Department.

The Directorate of Enforcement (ED) has provisionally attached assets worth Rs 1.52 crore belonging to Basanta Kumar Das in connection with an alleged illegal mining case in Odisha’s Kasiabeda Iron Ore Mines. This action was taken under the provisions of the Prevention of Money Laundering Act (PMLA), 2002.

According to a press release from the ED, the assets attached include those of Basanta Kumar Das, the mining leaseholder of Kasiabeda Iron Ore Mines in Badampahar, Mayurbhanj, Odisha, and proprietor of M/s Das Bhai Minerals. The ED’s Bhubaneswar Zonal Office carried out the attachment.

The ED initiated its investigation based on an FIR and charge sheet filed by the Vigilance Department of the Odisha Police. The case involves allegations of illegal mining activities at the Kasiabeda Iron Ore Mines from 2005 to 2009.

The release also mentioned the earlier arrest of Anand Kumar Agarwal, Director of M/s Siddharth Sponge & Power Pvt. Ltd., who was implicated in the illegal mining activities in connivance with Basanta Kumar Das. Search operations under section 17 of the PMLA, 2002, were also conducted as part of the investigation.

The ED’s investigation into the case is ongoing.

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