ED attaches properties worth Rs 52 crore in Tamil Nadu

ED attaches properties worth Rs 52 crore in Tamil Nadu
26/03/2018 , by , in News/Views

The Enforcement Directorate (ED) on Friday said it has attached Rs 52 crore worth of properties belonging to granite companies in Tamil Nadu.According to ED, it has attached 284 immovable properties worth Rs 52 crore under the Prevention of Money Laundering Act (PMLA).

The properties belong to Om Sri Granites, Pallava Granite Industries and their partners in the alleged Madurai granite mining scam, ED tweeted.

This month, the ED said it had provisionally attached 158 properties valued at Rs 37.79 crore under PMLA belonging to C. Periyakaruppan, K. Balakrishnan, P.T. Subiah and their family members running Kumar Granites and Kumar Exports.

 

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