ED takes possession of assets worth Rs 5 crore in Jharkhand coal scam case

The Enforcement Directorate (ED) has taken 'possession' of assets worth Rs 5 crore belonging to the erstwhile director of a Ranchi-based firm, in connection with the Jharkhand coal scam case.

The Enforcement Directorate (ED) has taken 'possession' of immovable properties worth Rs 5 crore in connection with the Jharkhand coal scam case, officials said on Tuesday. The properties belong to the late Pawan Kumar Singh, an erstwhile director of Ranchi-based Classic Coal Construction Pvt Ltd, having a registration value of Rs 23.10 lakh. However, the current market value of the property is over Rs 5 crore.