The Enforcement Directorate (ED) has launched a massive search operation across multiple states, targeting prominent coal traders in connection with alleged corruption in coal mining exports. The raids, which began on Friday morning, represent one of the most significant actions by the federal investigative agency in recent months.
Widespread Search Operations Underway
According to ED sources, search operations are currently underway at more than 18 locations in West Bengal alone, with additional raids being conducted in Jharkhand. The simultaneous searches span across several key cities including Dhanbad in Jharkhand and Asansol, Purulia, and Kolkata in West Bengal.
Central security forces have been deployed to accompany ED investigators during the operations, ensuring the searches proceed without disruption. The scale of the operation suggests the agency has gathered substantial evidence before moving forward with these coordinated raids.
Businessmen Brothers Under Scanner
The primary targets of the investigation are businessman Lalbabu Singh and his brother Kumbhanath Singh, both prominent figures in the coal trading industry. Searches are specifically targeting Lalbabu Singh's residence and office premises, along with multiple addresses linked to his brother Kumbhanath Singh.
Investigators have revealed that the Lalbabu group holds significant contracts for coal extraction from mines operated by Bharat Coking Coal Limited (BCCL), a state-owned enterprise under Coal India Limited. The current probe focuses on allegations of corruption and multiple irregularities in financial transactions related to coal exports.
Historical Context of Investigations
This is not the first time Lalbabu Singh has faced scrutiny from investigative agencies. Approximately ten years ago, the Central Bureau of Investigation (CBI) conducted raids on his house and office over allegations of irregularities and corruption in tender processes at BCCL.
The current ED operation represents an escalation of these earlier investigations, with a specific focus on financial aspects and potential money laundering violations. The timing suggests the agency has uncovered new evidence warranting immediate action.
Additional Locations Being Searched
Beyond the primary targets, ED teams have also been conducting searches at a residence adjacent to the Salt Lake bypass since Friday morning. This location appears to be connected to the broader investigation into the coal export irregularities.
The widespread nature of the operations, covering multiple states and numerous locations, indicates the complexity of the alleged financial network under investigation. ED officials have maintained tight security around the ongoing searches, with limited information being released to the public.
As the operations continue throughout the day, the business community in both states is watching developments closely, given the significance of the coal industry to the regional economy and the high-profile nature of the individuals involved.
