In one of the largest operations against alleged illegal coal mining networks in Jharkhand, the Enforcement Directorate (ED) conducted raids at more than 30 locations across Dhanbad and uncovered assets worth over ₹600 crore. The operation was carried out by the ED's Ranchi Zonal Office as part of a money laundering investigation linked to illegal mining, extortion, and levy collection.The Dhanbad Coal Mafia Crackdown targeted several coal traders, outsourcing contractors, and their associates operating in Saraydhela, Katras, Jharia, and Bank More areas of Dhanbad.What Was Recovered During the ED Raids?According to officials, the ED raids Dhanbad led to the recovery of ownership documents related to more than 200 immovable properties, including residential plots, commercial complexes, and mining-related assets. Investigators estimate the total value of these properties at ₹500-600 crore.The agency also froze mutual fund investments worth approximately ₹160 crore and seized over ₹1.02 crore in unaccounted cash. In addition, several digital devices, financial records, and documents linked to multiple bank accounts were taken into custody for further investigation.Watch the Full Video on Instagram: Dhanbad Coal Mafia CrackdownWho Came Under Investigation?Among those searched were Lal Babu Singh (LB Singh), a prominent outsourcing contractor associated with Bharat Coking Coal Limited (BCCL), and coal trader Anil Goyal, along with several of their associates.The investigation is focused on suspected proceeds of crime generated through illegal coal extraction, unauthorised transportation of coal, extortion networks, and other financial irregularities linked to the Dhanbad coal mafia.Why Is Dhanbad Considered a Sensitive Coal Region?Dhanbad, often referred to as India's "Black Diamond City", is one of the country's most important coal-producing regions. The district has long faced allegations of illegal mining and organised coal syndicates operating around BCCL mines.After the nationalisation of BCCL in the 1970s, the region became associated with coal mafia activity and gang rivalries. Investigators believe that over the years, traditional criminal networks evolved into organised business and contractor-based structures involved in coal theft and financial misconduct.What Is the Objective of the Crackdown?Officials said the latest Dhanbad Coal Mafia Crackdown is part of the Union Home Ministry's reported zero-tolerance policy against illegal mining and coal theft. The primary objective is to identify properties allegedly acquired through illegal earnings and attach them under the provisions of the Prevention of Money Laundering Act (PMLA).The investigation is expected to continue, with authorities examining financial transactions, property records, and business links connected to the alleged coal mafia investigation in Jharkhand.Also Read : Kulgam Counter-Terror Operation: Indian Army, J&K Police and CRPF Recover Massive Arms Cache in Jammu and Kashmir
