ED seizes assets over Rs 1 crore linked to Sheikhpura rice mill

The Enforcement Directorate (ED) announced that it has attached assets worth over Rs 1 crore linked to a rice mill operating in Sheikhpura, Bihar. The move comes as part of an ongoing investigation under the Prevention of Money Laundering Act (PMLA).\n\nAccording to the ED's statement, the seized assets include bank balances, fixed deposits and immovable properties that authorities suspect were used to launder illicit funds. The agency has not disclosed the name of the mill's owner, but confirmed that the attachment is intended to prevent further dissipation of the proceeds.\n\nThe action underscores the central government's focus on cracking down on money‑laundering activities in the agro‑industry sector. The ED said it will continue its probe and may file a charge sheet if sufficient evidence is gathered.\n\nLocal officials in Sheikhpura have been briefed about the attachment, and they indicated cooperation with the central agency to ensure the investigation proceeds smoothly.