The Enforcement Directorate (ED) on March 19 attached assets worth INR 4.023 million of a Communist Party of India-Maoist (CPI-Maoist) leader and his family in Bihar under the anti-money laundering law, reports Outlook. The action was taken against Rambabu Ram alias Rajan alias Prahar alias Nikhil, an active member and leader of the CPI-Maoist of Madhuban in East Champaran District. The Maoist leader has been booked on charges of extortion and indulging in alleged unlawful activities.
The properties attached, as per a provisional order issued under the Prevention of Money Laundering Act (PMLA), include multiple pieces of land and buildings in the name of Rambabu and his family members. The ED said the “accused has invested the proceeds of crime for acquiring various immovable properties in the name of his family members, so as to project them as untainted.” ED booked Rambabu after taking cognizance of at least 28 FIRs and multiple chargesheets filed against him by the Bihar Police.