ED attaches Rs 52 crore worth of properties of granite companies in Tamil Nadu

Last Updated: Fri, Mar 23, 2018 19:52 hrs
Enforcement Directorate (ED) (Image Courtesy: PTI)

Chennai: 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, PT Subiah and their family members running Kumar Granites and Kumar Exports.



More from Sify: