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Enforcement Directorate Files Chargesheet Against Former NCL Senior Manager for Money Laundering

Indian Community Editorial TeamBy Indian Community Editorial TeamJanuary 20, 20262 Mins ReadNo Comments Add us to Google Preferred Sources
Enforcement Directorate Files Chargesheet Against Former NCL Senior Manager for Money Laundering
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The Enforcement Directorate’s Bhopal Zonal Office has filed a chargesheet against Shailendra Pasari, a former Senior Manager at Northern Coalfields Limited (NCL), under the Prevention of Money Laundering Act (PMLA), 2002. The chargesheet was presented before the Special PMLA Court in Jabalpur on January 9, 2026, with a notice for pre-cognisance hearing issued to the accused by the investigation agency. The action by the ED is based on two FIRs filed by the Central Bureau of Investigation’s Anti-Corruption Branch in Jabalpur.

The first FIR, dated September 8, 2018, accused Pasari of accepting a bribe of Rs 10,000 for clearing pending escalation bills at NCL’s Jayant Project in Singrauli, Madhya Pradesh. Subsequent searches at Pasari’s premises led to the discovery of unaccounted cash amounting to Rs 72,97,200. Another FIR, dated September 22, 2018, was registered for possession of disproportionate assets, alleging that Pasari and his family members held assets worth Rs 1.30 crore, disproportionate to his known sources of income.

The Enforcement Directorate quantified the Proceeds of Crime at Rs 1,30,94,155, including cash seized by the CBI and attached assets. The investigation revealed that Pasari engaged in money laundering by concealing and using the proceeds of crime through various means. The ED has requested the confiscation of the attached properties and seized cash in the chargesheet presented.

The case underscores the efforts of central agencies to combat corruption in public sector undertakings and the illegal laundering of money. Pasari, formerly associated with NCL’s Jayant Project, is facing serious charges that could have significant legal ramifications if proven in court. The matter is currently before the Special PMLA Court in Jabalpur for further legal proceedings.

Anti-Corruption Branch Central Bureau of Investigation Enforcement Directorate Jabalpur Madhya Pradesh Money laundering Northern Coalfields Limited Prevention of Money Laundering Act Proceeds of Crime Shailendra Pasari
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Indian Community Editorial Team

The Indian Community Editorial Team curates, verifies, and publishes stories that matter to Indians worldwide. From culture and community to business and innovation, our mission is to spotlight voices, ideas, and events that bring our global community closer together. Have news or a story to share? Submit it to us at [email protected].

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