Author: Express News Service
Publication: The Indian Express
Date: August 26, 2012
URL: http://www.indianexpress.com/news/bihar-cops-bust-firm-set-up-by-maoists-to-invest-levy/993239/0

Police in East Champaran district of Bihar have found papers during a raid, which they say, show that CPI (Maoist) cadre floated a home appliances company to invest ‘levy’ — the money collected through extortion. Interrogation of a Maoist sympathiser arrested during the raid has led the police to believe that the firm is registered in New Delhi.

The Centre has taken note of the findings and the Ministry of Home Affairs (MHA) has sought details of the case from the Bihar police, said officials in Delhi. “We are also considering the transfer of the case to the National Investigation Agency (NIA) if the Bihar government is willing,” said a top MHA official.

During the raid at the house of the Maoist sympathiser, Munna, at Akraha village under Rajepur on Friday, the police seized papers of the company — named “Revolutionary”.

East Champaran Superintendent of Police Ganesh Kumar said, “We were surprised to find a bundle of receipts of the company from Munna place. Munna told us that the company was registered in Delhi. All levy money collected from the area was being deposited in the company’s name in a bid to show it as white investment.” The receipts were to be given to those from whom levy was collected, Munna told the police.

The police, however, have no details so far about transactions made through the company.

Kumar said this was the first time the Bihar Police stumbled upon such a finding in the state. The police are now trying to get details of the said company and in whose name it was registered.