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Coal Scam: ED seizes assets worth more than Rs 100 crore of Anup Maji, Hawala network exposed

By Sandy Verma

Ranchi: ED, which is investigating the coal scam due to illegal mining in Eastern Coalfields Limited (ECL) under money laundering charges, has temporarily seized assets worth Rs 100.44 crore belonging to coal mafia Anup Maji alias Lala and his associates. ED has shared this information by issuing an authorized statement through X Post. ED has told that in this case of coal scam, till now ED has seized property worth Rs 322.71 crore belonging to the accused.

Earlier on January 8, ED had raided ten premises linked to the accused in Kolkata and Delhi. The evidence seized during the raid proved helpful in providing information about property acquired from the proceeds of crime. It is investigating the case related to large-scale illegal coal mining and theft in the leasehold area of ​​ECL. These activities were done by the syndicate led by Anoop Maji alias Lala.

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ED investigation found that this syndicate stole coal on a large scale through illegal mining. The said coal was transported to different factories in West Bengal with the help of the local administration. Anup Maji alias Lala had presented illegal transportation challan and pad, which is commonly known as Lala Pad. This illegal transport challan worked like a tax invoice issued in the name of firms which do not exist.

The temporarily seized assets include immovable properties, fixed deposits and mutual fund investments in the name of beneficiary companies such as Shakambhari Ispat and Power Limited and Gagan Ferrotech Limited. ED investigation found that currency notes of ten or twenty rupees were given to the transporter along with fake transport challan. The transporter used to take a photo of the currency note, which he kept near the number plate of the truck, dumper or tipper carrying illegal coal.

He used to send foo to coal syndicate and operator. Then the operator used to send that photo through WhatsApp to the concerned police officers and other government officials present on the way of the vehicle. This was a signal that the said truck should not be stopped. Even if he is stopped, he should be released immediately.

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ED, after examining the seized documents of Anoop Maji alias Lala’s syndicate, found out that the syndicate earned approximately Rs 2742 crore from crime. The evidence analyzed including registers, digital records, tally data and WhatsApp communications seized during the investigation under PMLA revealed systematic cash transactions and use of Hawala channels for transferring and layering the proceeds of crime.

The investigation also revealed that the syndicate ran an underground hawala network to transfer the proceeds of crime in cash. In this, formal banking channels and regulatory monitoring were bypassed. In a typical transaction, the recipient shared with the sender a unique code, usually the serial number of a ten rupee note or some other currency note. This serial number served as a guarantee of transaction authenticity.

ED investigation has found that the entire scam was being operated through Hawala. The sender sent this code to a hawala operator, who communicated it to an associate at the recipient’s place. Upon delivery of the specified amount, the recipient would produce a special currency note with a pre-shared serial number as proof of identity.

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Cash payment was made after verification. Transactions were completed without any formal documents or banking records. This system made it possible for large sums of money to move between places through a network of intermediaries operating outside the regulated financial system.

ED investigation found that some companies in the steel and iron sector purchased illegally mined coal in cash. It knowingly facilitated the proceeds of crime, used it and made it appear untainted. This crime involves many layers and complex financial transactions.

These were designed to hide the proceeds of crime. ED is systematically opening every layer, so that the real beneficiary can be found out and the further earnings of the criminal can be identified. Other people involved in laundering ill-gotten funds can also be traced, so that the full scope of this difficult economic crime can be ascertained.

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