Don’t miss the latest developments in business and finance.

Proposals sent to ED to confiscate Rs 196.95 cr property:Yadav

Image
Press Trust of India Patna
Last Updated : Mar 16 2017 | 7:33 PM IST
The Bihar government has sent proposals to Enforcement Directorate for confiscation of properties worth Rs 196.95 crore earned through criminal means by different persons so far.
Minister in-charge of Home Bijendra Prasad Yadav gave this information in the state Legislative Council in reply to a short notice question of Niraj Kumar of JD(U).
The minister said that sub zonal office of Enforcement Directorate existed in Patna.
It starts probe in cases send by Economic Offence Wing of the state after finding merit in them, he added.
Yadav said that out of proposals sent to Enforcement Directorate so far, properties worth Rs 19.05 crore of 15 accused have been forfeited.
A total 65 other such proposals are under consideration of the ED, he added.
The Nitish Kumar government had in 2010 brought Bihar Special Court Act with provision for confiscation of properties earned through illegal means.
The anti-graft legislation had hogged national limelight when property of former Bihar state police chief Narayan Mishra was confiscated in 2012 and school for underprivileged children opened there in the capital Patna.

Also Read

First Published: Mar 16 2017 | 7:33 PM IST

Next Story