Legal Postmortem of Enforcement Directorate raid on Lalu Yadav's Family in Bihar
In 2017, the Enforcement Directorate (ED) conducted raids on the premises of Lalu Prasad Yadav, the former Chief Minister of Bihar, and his family members. The raids were conducted in connection with a money laundering case related to the awarding of contracts for maintenance of two railway hotels in Ranchi and Puri to a private company.
The ED is a law enforcement agency that investigates economic offenses such as money laundering and foreign exchange violations. The agency has the power to conduct raids under the Prevention of Money Laundering Act (PMLA) and other relevant laws.
The legal basis for the ED raid on Lalu family is the PMLA, which empowers the ED to conduct searches and seizures of property that is suspected to be involved in money laundering. The PMLA defines money laundering as any activity that involves the conversion of proceeds of a crime into legitimate assets.
The ED has the power to seize property that it suspects is involved in money laundering. The seized property can be frozen for a period of 90 days, during which the agency has to file a complaint before a court. The court can either order the release of the property or allow the ED to continue its investigation.
In the case of the Lalu family, the ED seized several properties including a farmhouse and a land in Patna. The ED also attached properties of Lalu's daughter Misa Bharti and her husband Shailesh Kumar in connection with the same case.
It is important to note that the ED raids are part of an ongoing investigation and no charges have been proven against the Lalu family at this point. The family members have denied any wrongdoing and have accused the ruling government of political vendetta.
In conclusion, the ED raid on the Lalu family in Bihar is based on the legal provisions of the PMLA and the agency's power to investigate and seize properties suspected to be involved in money laundering. However, the outcome of the investigation and any charges that may be filed against the family members will depend on the evidence that is presented before the court.
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Dr. Ajay Kummar Pandey
( LLM, MBA, (UK), PhD, AIMA, AFAI, PHD Chamber, ICTC, PCI, FCC, DFC, PPL, MNP, BNI, ICJ (UK), WP, (UK), MLE, Harvard Square, London, CT, Blair Singer Institute, (USA), Dip. in International Crime, Leiden University, the Netherlands )
Advocate & Consultant, Supreme Court of India & High Courts
4C Supreme Law International, Delhi, NCR. Mumbai & Dubai
Tel: M- 91- 9818320572. Email: editor.kumar@gmail.com
Website: www.ajaykr.com, www.4Csupremelawint.com
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Dr. Ajay Kummar Pandey
( LLM, MBA, (UK), PhD, AIMA, AFAI, PHD Chamber, ICTC, PCI, FCC, DFC, PPL, MNP, BNI, ICJ (UK), WP, (UK), MLE, Harvard Square, London, CT, Blair Singer Institute, (USA), Dip. in International Crime, Leiden University, the Netherlands )
Advocate & Consultant Supreme Court of India, High Courts & Tribunals.
Delhi, Mumbai & Dubai
Tel: M- 91- 9818320572. Email: editor.kumar@gmail.com
Website:
www.supremelawnews.com
www.ajaykr.com, www.4Csupremelawint.com
Facebook: /4Clawfirm, /legalajay Linkedin: /ajaykumarpandey1 Twitter: /editorkumar / YouTube: c/4cSupremeLaw Insta: /editor.kumarg
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