Business Standard

ED attaches Rs 246 crore worth assets in 3 states related to gutkha scam

The ED alleged the accused in the illegal manufacture, sale and distribution of gutkha products of Tamil Nadu had earned a turnover of Rs 639.40 crore from June 2013 to June 2016

Enforcement directorate
Premium

Enforcement Directorate

Gireesh Babu Chennai
The Enforcement Directorate (ED) has seized properties worth Rs 246 crore in three states during its investigation of a scam in which manufacturers allegedly bribed government authorities to sell gutkha, which was banned in Tamil Nadu in 2013.

As many as 174 immoveable properties in Tamil Nadu, Puducherry and Andhra Pradesh worth Rs 243.80 crore were seized under laws on money laundering. The moveable properties in the form of shares and vehicles are worth Rs 2.29 crore. 

The ED alleged the accused in the illegal manufacture, sale and distribution of gutkha products of Tamil Nadu had earned a turnover of Rs 639.40

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jul 29 2019 | 10:25 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com