The CBI too probed the case under various sections of IPC
ED said its probe found that Rai "established a construction company under the name Ms Mahamaya Construction Private Limited in the name of his wife Sushila Devi and others, Ms Maa Gauri Construction in the name of his brother Sanjay K Rai and others and also established Ms Baba Basuki Dairy Firm in the name of his wife and brother and laundered huge money in the name of the said companies/firms and projected them as untainted money.
and Prevention of Corruption Act.
ED said its probe found that Rai "established a construction company under the name Ms Mahamaya Construction Private Limited in the name of his wife Sushila Devi and others, Ms Maa Gauri Construction in the name of his brother Sanjay K Rai and others and also established Ms Baba Basuki Dairy Firm in the name of his wife and brother and laundered huge money in the name of the said companies/firms and projected them as untainted money.
"Rai had also transacted huge amount of money with his wife and his brothers Sanjay K Rai, Dev Narayan Rai and projected them as untainted money," it said.
Apart from filing three charge sheets in this case, the trial was completed in September last year and the arguments ended on January 16 earlier this month after which the conviction order against Rai was made by the local court here.
ED is the central agency to enforce the PMLA in the country.
(This article has not been edited by DNA's editorial team and is auto-generated from an agency feed.)