The Enforcement Directorate (ED) conducted searches across 18 locations in Bihar, West Bengal, Uttar Pradesh, and Delhi, including properties linked to RJD MLA Alok Kumar Mehta, over a Rs 85 crore money laundering case involving the Vaishali Shahri Vikas Cooperative Bank, media repost say.
Allegations include embezzlement through 400 fake loan accounts and forged warehouse receipts. The RBI’s audit flagged fund diversion.
Mehta, a senior RJD leader and former Bihar minister, is accused of collusion in the fraud.
The RJD criticized the BJP-led central government for misusing agencies to target opposition leaders, labeling the raids politically motivated.