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Odisha News, Odisha Breaking News, Odisha Latest News || Ommcom News
Home Odisha

ED Raids Properties Of Mining Baron Ratnakar Rout

OMMCOM NEWS by OMMCOM NEWS
January 8, 2025
in Odisha
Enforcement Directorate (ED)

Bhubaneswar: The Enforcement Directorate (ED) on Wednesday launched simultaneous raids on the properties linked to Ratnakar Rout, a prominent mining baron in Odisha. The raids are currently underway at multiple locations, including Rout’s farmhouse and residence in Dhenkanal, Hindol, and three premises in Bhubaneswar.

The raids, which began early on Wednesday morning, are part of an ongoing investigation into alleged financial irregularities and violations of mining laws. ED officials from Delhi are leading the operations, scrutinising Rout’s business dealings, financial transactions, and property acquisitions.

According to reports, ED officials are targeting 12 locations in total, aiming to uncover evidence related to the alleged illegal activities. This action follows a series of similar raids conducted by the ED in recent months, highlighting the agency’s intensified efforts to combat financial crimes and illegal mining operations in the state.

As the raids continue, more details are expected to emerge about the extent of the alleged violations and the potential legal consequences for Rout and his associates.

Tags: Enforcement Directorate (ED)
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