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ED to seize Rs 34cr gangster property

Ashok Yadav, a dreaded gangster of Samastipur district, is all set to lose his property worth Rs 34 crore.

The enforcement directorate (ED) has already registered a case under relevant sections of the Prevention of Money Laundering Act, 2002 and initiated the process of confiscation of his assets.

Ashok, a native of Chhechani village under the jurisdiction of Vithan police station in Samastipur district, is facing charges of murder, loot, dacoity, extortion and kidnapping.

The clout of Ashok, a former mukhiya, can be gauged from the fact that he got his wife Vibha Devi elected as the block pramukh of Vithan block in Samastipur district. At present, Vibha is the JD(U) district women’s cell president.

The ED initiated the process of confiscating his property on the recommendation of the police’s economic offences unit (EOU). Similarly, the ED is set to initiate action against Naugachhia-based criminal Vinod Yadav, who is said to have accumulated assets worth Rs 10.83 crore.

Sources said a total of 35 proposals against corrupt public servants, middlemen and the outlaws have been submitted to the ED for initiating action. Of them, nine cases have been registered and the property of one accused has already been attached. The total amount of the property involved over Rs 90 crore.

Official records in the possession with The Telegraph showed that Tuntun Yadav of Patna accumulated property worth Rs 3.80 crore through fraudulent means. Similarly, Bharat Yadav of Munger owned property worth Rs 3.82 crore, Raj Kumar Yadav alias Mantu Yadav of Gaya owned property worth Rs 9.06 crore, Sanjay Pratap Singh alias Sanjay Singh of Bhojpur owned Rs 2 crore and Umakant Yadav of Munger owned Rs 1.55 crore, respectively.

EOU inspector-general Praveen Vashishtha said value of the assets had not been estimated on the existing market rate. “It would be 10 times higher than the value of the property purchased a decade ago or so,” he said.

A senior ED official said: “Bihar is the first state where the directorate is being helped by the police.”