The Enforcement Directorate (ED) in Ranchi has submitted a chargesheet under the Prevention of Money Laundering Act against six individuals linked to the alleged misuse of government funds at the Khadi and Village Industries Commission (KVIC) State Office in Ranchi. The accused include Sunil Kumar, Aman Kumar, Shahil, Priya, Binod Kumar Baitha, and Banku Nishad.
The ED’s investigation, stemming from a CBI case, revealed that Sunil Kumar and accomplices set up fake entities, including a shell company with a forged Corporate Identification Number, to divert around Rs 3.89 crore designated for the Khadi Reform and Development Programme into their relatives’ personal bank accounts without performing any legitimate work. The laundered money was subsequently used to purchase assets in Ranchi under Sunil Kumar’s wife’s name.
During the probe, the ED conducted a search at Sunil Kumar’s residence, leading to the attachment of properties worth Rs 71.91 lakh. Furthermore, Rs 31.11 lakh, derived from the illicit funds, was voluntarily returned by the Ashram Kalyan Nidhi Nyas Trust in Ranchi and handed over to the ED.
