Directorate of Enforcement (ED), Patna Zonal Office has conducted search operations at
09 locations across Patna, Muzaffarpur, Surat and Panipat on 12.06.2025, under the provisions of
the Prevention of Money Laundering Act (PMLA), 2002 in the case of a Patna based contractor
Rishu Shree. During the search operations, several incriminating evidences and documents have
been seized.
ED initiated investigation on the basis of FIR registered by Special Vigilance Unit (SVU),
Bihar against Rishu Shree and others. Rishu Shree, who’s firms work as
contractors/subcontractors in various Bihar Government departments, such as Water Resources,
Health, Public Health Engineering, Urban Development, Bihar Urban Infrastructure Development
Corporation (BUIDCO), Education, Building and Construction, and Rural Works Department, is
alleged to have a nexus with various Government officials to facilitate tenders for illicit personal
gains.
The current searches have been conducted on a few persons and travel agents connected
to Rishu Shree.
Earlier in this matter, search operations were carried out at the residential premises of
Government officials in Patna related to this matter. These searches had led to the seizure of a
total of Rs.11.64 Crore (approx.) in cash, along with various incriminating documents and digital
evidences.
Further investigation is under progress.
ED Raids Rishu Shree’s Associates in PMLA Probe
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