Based on the Justice M.B. Shah Commission of Inquiry report on illegal mining in Jharkhand, the Enforcement Directorate (ED) has registered a money-laundering case against an iron ore exporter, P.K. Jain, who allegedly operated in the Chaibasa area of West Singhbhum.
The ED has already registered two separate cases under the Prevention of Money Laundering Act (PMLA) in connection with the Justice Shah Commission report on illegal mining in Odisha and Goa.
The agency is in the process of collecting documents to quantify the money generated by the accused persons through illegal mining activities. Accordingly, the proceeds of crime so identified would be attached under PMLA provisions.