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ED attaches shares worth Rs 452 cr held by British national in ITPCL

The shares were held in the name of A S Coal Pte Singapore (a shell company), owned by a British National

Topics
Enforcement Directorate | shell companies | Tamil Nadu

T E Narasimhan  |  Chennai 

Enforcement Directorate
The office of Enforcement Directorate (ED). Photo: Suryakant Niwate

The (ED) has attached shares worth over Rs 450 crore held by a British in ILFS Power Company (ITPCL).

The ED said that it had attached shares worth Rs 452 crore of ITPCL held in the name of A S Coal Pte Singapore (a shell company), owned by a British National, Jaimin Vyas under PMLA in a fraud case.

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First Published: Tue, January 05 2021. 14:37 IST
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