Hazaribagh Businessman Izhar Ansari Detained by ED for Coal Irregularity
Coal businessman Izhar Ansari from Hazaribagh was detained for interrogation regarding a high-profile money laundering case, marking a significant development in the ongoing investigation by the Enforcement Directorate (ED).
RANCHI – In a notable turn of events, the Enforcement Directorate (ED) has arrested Hazaribagh’s renowned coal businessman Izhar Ansari.
The arrest occurred after the ED conducted a raid at Ansari’s residence in Hazaribagh.
This raid, part of a larger investigation into coal linkage irregularities, took place on January 16.
The ED’s action stems from allegations of Ansari’s involvement in illegal coal trading through multiple shell companies.
Accusations also link him to illicit financial dealings with the help of suspended IAS officer Pooja Singhal.
The raid at Ansari’s premises earlier in March 2023 led to the discovery of over Rs 3 crore in cash, further intensifying suspicions of financial misconduct.
In the latest developments, the ED presented Ansari before a special court in Ranchi under the Prevention of Money Laundering Act (PMLA).
The court, acknowledging the gravity of the allegations, granted the ED permission to interrogate Ansari for six days.
