ED Uncovers Over ₹600 Crore in Benami Assets in Massive Dhanbad Coal Mafia Crackdown

In one of its largest enforcement actions so far, the Enforcement Directorate (ED) has uncovered benami assets worth more than ₹600 crore during a sweeping crackdown on an alleged coal mafia network operating in Dhanbad, Jharkhand.

The agency conducted simultaneous raids at more than 25 locations linked to prominent coal businessmen, including L.B. Singh, Anil Goyal, Ganesh Yadav, Pappu Mandal, and Rohit Yadav, along with several of their associates.

During the extensive search operation, ED officials recovered ₹1–1.5 crore in unaccounted cash. The agency also froze over ₹150 crore held in bank accounts and mutual fund investments, which are suspected to be proceeds of illegal activities.

Investigators further seized documents related to immovable properties and land parcels valued at nearly ₹500 crore. These assets are currently under verification as part of the ongoing probe.

The raids are part of the ED's broader investigation into alleged illegal coal trading, money laundering, and the accumulation of illicit wealth. Officials are continuing to examine financial records and property documents to determine the full extent of the alleged network and identify those involved.

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