The Directorate of Enforcement (ED) is the law enforcement agency and economic intelligence agency comprising officers from the Indian Revenue Service, IPS and IAS. It is responsible for enforcing economic laws and fighting economic crime in India. ED has recently drawn up a list of top money launderers and the shell companies used by them to do money laundering into and out of the country. The list includes some top politicians of the country including YS Jagan.

Topper the list is one Afroz Mohammed Hasanfatta and Madanlal Jain of Surat who laundered money to Dubai and Hong Kong. Together the duo allegedly laundered Rs 5,400 crore through 30 shell companies. NKS Holdings Pvt Ltd of Delhi is second on the list and allegedly laundered Rs 3,790 crore using 95 shell companies.

The politicians in the list include Jagan Mohan Reddy of YSR Congress who is accused by the agency of laundering at least Rs 368 crore through 31 shell companies linked to him and his associates. The other prominent politician is Chhagan Bhujbal, NCP leader and former deputy CM of Maharashtra, who is being investigated for allegedly laundering Rs 200 crore using 81 shell companies. Jagan stood at 10th place in the list.

List includes not only politicians and business companies, it alsi includes beuracrats. An IAS officer, Babulal Agarwal, also figured on the list. Agarwal, former Chhattisgarh principal secretary, is accused of laundering Rs 60 crore through at least 13 shell companies.

While Jagan is doing Padayatra to gain public support, his name surfacing frequently in these kind of reports is definitely an embarrassment for him. Couple of weeks back, Paradise papers created sort of tremors in the state as his links were mentioned .