Ranchi: The Anti-Corruption Bureau has intensified its investigation into the Jharkhand liquor scam and the Hazaribagh land case, uncovering evidence of dubious loans and illegal investments linked to businessman Vinay Singh. The agency has now begun tracing possible money laundering routes connected to his financial network.
Preliminary findings suggest that large sums were transferred not only within Jharkhand and Bihar but also to foreign destinations. Reliable sources confirmed that crores of rupees were sent to Dubai and invested there through Singh’s company. Officials believe several state bureaucrats may have been involved in channeling unaccounted funds through these transactions.
The ACB is also gathering records of properties owned by Singh across Ranchi, Hazaribagh, Gumla, Dhanbad, Kolkata, Lakhisarai, and Patna. Investigators suspect that his firm, M/s SS Motogen Pvt Ltd, was used to convert illicit earnings of senior officials into legitimate investments.