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Patna: Enforcement Directorate (ED) has attached assets worth Rs 4.23 crore of a notorious criminal of Munger district in Bihar Bharat Yadav.

The ED sources on January 1, 2018, said the assets attached of Bharat Yadav included a hotel, plots and some life insurance policies. Bharat was allegedly involved in murder, dacoity, extortion, forgery cases, said ED sources. FIRs lodged against him formed the basis for the ED to file a criminal case against him under the Prevention of Money Laundering Act.

The subsequent investigation revealed that Bharat Yadav had accumulated a huge amount of cash by indulging in criminal activities, said ED sources. It was found that the proceeds of crime were laundered and used for acquiring immovable and movable assets in his name and his family members’name. The properties attached include several plots at Jamalpur in Munger and Deoghar in Jharkhand, a hotel at Jamalpur, cash in a number of bank accounts and LIC policies totalling Rs 4.23 crore, according to ED sources

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