Hemant Soren to Return as Chief Minister of Jharkhand
| Aspect | Details |
|---|---|
| Event | Hemant Soren to Return as Chief Minister of Jharkhand |
| Reason for News | Champai Soren likely to resign to facilitate Hemant Soren's return as CM. |
| Key Points | - Unanimous decision taken at JMM-led alliance legislature party meeting. |
| - Champai Soren became CM after Hemant Soren's arrest by ED. | |
| Hemant Soren's Arrest | Arrested by ED over money laundering charges related to an alleged land scam. |
| Directorate of Enforcement | - Multi-disciplinary organization under Ministry of Finance. |
| - Investigates money laundering and foreign exchange law violations. | |
| Money Laundering | Concealing illegally obtained money to appear legitimate. |
| Estimated at 2-5% of global GDP by IMF. |