The Special Vigilance Unit (SVU) in Patna has arrested contractor Rishu Shri in connection with an alleged tender manipulation and money laundering case. He was taken into custody from his Mithapur residence late Wednesday night, questioned at the SVU office, and later produced before the vigilance court, which remanded him to Beur Jail.
Details of the Arrest
SVU Additional Director General Pankaj Kumar Darad confirmed that the accused was arrested on May 27 in connection with a case registered on April 30, 2025. The investigation revealed that Rishu misused his influence in the water resources department to secure tenders on commission. Subsequently, the work was transferred to an employee linked to a private company.
Bribery Allegations
The probe further uncovered that Rishu allegedly paid bribes to government officials in multiple departments, including the water resources department, building construction department, urban development and housing department, and Buidco, to secure tenders for his companies.
Seizure of Assets
Acting on intelligence that Rishu was planning to leave the country and could tamper with evidence, the SVU conducted a raid at his flat after obtaining a court warrant. During the search, officials seized Rs 2 crore in cash and gold, silver, and diamond jewellery estimated to be worth Rs 2 crore. Additionally, several documents, investment records, bank details, and original papers related to 47 land purchases were recovered.
ED Report Highlights
An Enforcement Directorate (ED) report submitted six months ago had alleged that Rishu funded foreign trips and other expenses of two IAS officers and their family members in return for securing government contracts.
