VIJAY DEO JHA
Ranchi, Oct 26: The Enforcement Directorate has identified eight such business entities with which Pankaj Mishra had done high valued transactions worth Rs. 4.87 crore in eight months from October 2021 till May 2022.
One such non-descript firm identified to be involved in the money laundering is M/s Shiv Shakti Sai. The ED suspects that Pankaj Mishra who is a senior JMM functionary and MLA representative of Jharkhand CM Hemant Soren had used these firms to launder proceeds of crime of the illegal stone mining. He is currently in judicial custody and the agency has filed a prosecution complaint against him before the special PMLA court.
However, the ED has not disclosed anything about the proprietorship of M/s Shiv Shakti Sai. But the agency has maintained that Pankaj Mishra made huge cash deposits in the bank account of this firm during the period 2020 and 2022. On one such occasion an amount of Rs. 41.50 lakhs was deposited by Pankaj Mishra.
The ED has traced two such bank accounts of this firm namely AV33740500001024 (Bank of Baroda) and AC No. 50200000406229 (HDFC Bank) where a substantial cash deposit was made.
Shiv Shakti Sai is among the firms along with Hathua Construction, Ganpati Enterprises, Bhagwan Stone Works, Bhagwan Stone and Minerals, Jai Mata Ambey Traders and Balaji Enterprises involved in laundering.
Apparently, during the raid the ED had seized some documents pertaining to this firm from the premises of Shivshankar Jaipuriar. It is believed that M/s Shiv Shakti Sai is involved in the construction business and many resourceful persons have their stake in this firm.
