ED Raid: The Enforcement Directorate (ED) has arrested Subhash Yadav, a close associate of Lalu Yadav and a leader of the Rashtriya Janata Dal (RJD). A day-long raid was conducted by the ED on various locations associated with Subhash Yadav on Saturday. Late in the evening, Subhash Yadav was taken into custody by the ED and subsequently sent to Beur Jail. This action comes in response to complaints of irregularities in the business dealings related to Lalu Yadav’s son Tejashwi Yadav and allegations of money laundering.
Full Day of Raids, Subhash Yadav Arrested Late in the Night
The Enforcement Directorate (ED) carried out a significant operation on Saturday morning, conducting extensive raids on multiple properties linked to business magnate Subhash Yadav. Raids were carried out in several locations, including Patna, resulting in a thorough search operation. Subhash Yadav, known to be a key leader in the RJD and considered close to party supremo Lalu Yadav, was taken into custody by the ED late at night. The ED team, after the day-long raids, escorted Subhash Yadav to Beur Jail.
ED Seizes Two Crores in Cash
Subhash Yadav was presented before the court by the ED on the same night of his arrest. At present, he is in the custody of the ED, and the ED team has taken him to Beur Jail in Patna. It is worth noting that the ED had been conducting raids at various locations associated with Subhash Yadav since Saturday morning. During this operation, the ED reportedly seized nearly two crores in cash from Subhash Yadav’s residence. Additionally, a substantial amount of investments and documents related to land dealings were confiscated during the raid.
Lok Sabha Aspirant Subhash Yadav
Subhash Yadav is a director in Braadsan Construction Private Limited, a company associated with Lalu Yadav’s business ventures. Considered a close aide of Lalu Yadav, Subhash Yadav was also the RJD candidate for the Chatra Lok Sabha seat in Jharkhand in 2019. Investigative agencies have previously taken various actions against Subhash Yadav, including inquiries by the ED, CBI, and Income Tax Department.
The recent raid by the ED marks another significant development in the ongoing investigations into alleged financial irregularities involving key figures associated with Lalu Yadav and his political network.
